Ether Slumps Against Bitcoin as Demand Lags for New ETFs Amid Bear Market
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Ether underperforms bitcoin, with ETH/BTC ratio falling to 15-month low amid weak demand for new ETFs.
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Top 2 ether futures ETFs see dismal volumes in first week compared to bitcoin ETF's debut.
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Bear market and bitcoin's haven appeal amid economic uncertainty blamed for ether's lag.
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Bitcoin benefits from clear "commodity" status unlike ether's regulatory uncertainty.
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Higher rates hurt ether more as a "tech stock" versus bitcoin as "digital gold".
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