And the most amusing thing is, the gold etf actually has some functionality for gold, as it takes the custody problem off your hands. Bitcoin etf, apart from you not having to take responsibility, add nothing (positive because it adds fees)

My first reaction to that chart is to ask who the hell is putting 14bn into Eth etfs.

The lack of adoption of the ETH ETF is perhaps even more satisfying and validating than the rapid acceptance and flows into the #bitcoin ETF