“As
investors
learn
more
about
stablecoins,
decentralized
finance,
tokenization,
prediction
markets,
and
the
many
other
applications
powered
by
Ethereum,
they
will
enthusiastically
embrace
both
technology
and
the
US-listed
Ethereum
ETPs,”
Zach
Pandl,
head
of
research
at
Grayscale,
told
CoinDesk.
There’s
also
the
fact
that
ETH
itself
hasn’t
performed
all
that
well
compared
to
BTC
this
year.
The
second
largest
cryptocurrency
by
market
capitalization
is
only
up
4%
since
Jan.
1,
whereas
BTC
has
risen
42%
and
keeps
hovering
around
its
2021
all-time
highs.