VanEck Bullish on Ether ETF Prospects, Sees Potential to Outpace Bitcoin Demand
• VanEck thinks an Ether ETF could attract huge demand, potentially bigger than Bitcoin ETFs • Ether generates staking rewards for holders, making it attractive as a cash-producing asset • Odds of SEC approval for a spot Ether ETF are around 50%, less certain than for Bitcoin • VanEck temporarily cut fees on its Bitcoin Trust ETF to 0% to attract more assets • VanEck CEO wants crypto to eventually make up 15% of the firm's assets under management