Analyst: ETH ETF holders in tougher spot than BTC holders

Bloomberg ETF analyst James Seyffart said Ethereum ETF holders are in a more difficult situation than Bitcoin ETF holders. He explained that the current Ethereum price of around $2,000 is significantly lower than the average purchase price for ETF holders, which is approximately $3,500. Seyffart called this a painful situation but added that Ethereum ETF holders have experienced this before.