Crypto Analyst Warns Ethereum Will Continue to Underperform Bitcoin Despite Hype Around Spot ETFs, Names One Crypto Sector with Big Impact Potential

A popular crypto analyst predicts that Ethereum will continue to perform poorly compared to Bitcoin, despite the excitement surrounding the potential approval of ETH exchange-traded funds. The analyst, known as Rager, notes that the ETH/BTC chart is still in a long-term downtrend, with the recent delay in the approval of spot ETFs not helping the case. However, Rager remains bullish on the crypto markets overall and believes that the gaming sector will have a significant impact on the industry in the coming years. The US Securities and Exchange Commission recently postponed its decision on approving Grayscale's request to convert its Ethereum Trust product into an ETF.