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Writer's picturemeowdini
Jul 32 min read

Ethereum Set to Outperform Bitcoin Following US Spot Ether ETF Launch, Says K33 Research

Ethereum is expected to outperform Bitcoin post-ETF launch, despite Bitcoin facing headwinds from Mt. Gox creditor repayments, according to K33 Research.

K33 Research analysts predict that Ethereum will outperform Bitcoin in the weeks following the launch of U.S. spot ETFs for Ether. While Bitcoin faces potential selling pressure from Mt. Gox creditor repayments, the inflows into the new Ether ETFs could significantly boost Ethereum's price.


Golden Ethereum coin indicating potential bullish trends.
Ethereum poised for gains with ETF launch while Bitcoin faces selling pressure from Mt. Gox repayments.

Key Points:


US Spot Ether ETF Launch Date:

  • Spot Ether ETFs are expected to launch around July 8, potentially driving significant price action for Ethereum.

  • Analysts at K33 Research describe these ETFs as a "golden egg" for Ether's price.


Bitcoin's Headwinds from Mt. Gox Creditor Repayments:

  • Bitcoin may face selling pressure as $8.5 billion worth is returned to creditors of the collapsed exchange Mt. Gox.

  • This selling pressure contrasts with the anticipated positive inflows for Ethereum.


Recent Performance:

  • Ether has underperformed Bitcoin for over a year, with Bitcoin gaining market-leading flows to its spot ETFs.

  • Despite this, analysts expect Ether's price to be bolstered by new ETF inflows.


K33 Research Ethereum Price Prediction:

  • K33 Research maintains a bullish outlook for Ether, anticipating net inflows equivalent to 0.75-1% of ETH’s circulating supply in the five months following the ETFs’ launch.

  • The market has resisted this view, with Ether futures trading at a discount compared to Bitcoin futures.


Current ETH/BTC Trends:


  • The value of ETH relative to BTC has been declining for the past year, reaching a yearly low in May.

  • However, the SEC's surprise approval of Ether ETFs led to a quick reversal, with ETH/BTC ticking up to its present value.



The launch of spot Ether ETFs is expected to be a significant catalyst for Ethereum's price, potentially leading it to outperform Bitcoin in the coming months. Despite market skepticism, K33 Research analysts are confident in a bullish outlook for ETH, driven by substantial expected inflows into the new ETFs.


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