#Bitcoin ETFs now hold more than 1 million bitcoins worldwide, which is equivalent to about 5% of the circulating coin supply. ✔️🔼📊
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Bitcoin's dominance in the weekly time frame finally broke its upward trend line and gave a strong signal for the development of altocoins.
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🌐 Bloomberg analyst James Seyfarth's prediction of Ethereum ETF: 📈 Since the market cap of Ethereum is 30% of Bitcoin, the demand for Ethereum ETFs is likely to be 20-25% of Bitcoin ETFs. ❗️ The impossibility of staking Ethereum through ETFs is one of the possible limitations.
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