Bitcoin, Ethereum ETF Offers Dual Crypto Exposure
New research from CoinShares breaks down why Bitcoin and Ethereum function as complementary rather than competing assets, a distinction that could support the investment case for dual-exposure products like the CoinShares Bitcoin and Ether ETF (BTF).
BTF tracks the price performance of both Bitcoin and Ethereum without directly holding the underlying cryptocurrencies, according to ETF Database. BTF holds $31 million in assets and posted three-year returns of 50.8%. The fund has attracted $2.02 million in flows year-to-date.
According to the CoinShares report, Bitcoin operates as a monetary settlement layer while Ethereum serves as a utility engine for applications, meaning their value drivers differ and they often react…
