Bitstamp's U.S. CEO, Bobby Zagotta, stated that Ethereum ETFs would have performed better if launched alongside Bitcoin ETFs in January 2024. Bitcoin ETFs saw $17.5 billion in inflows over eight months, while Ethereum ETFs, which launched in July, faced $600 million in outflows in just two months. Zagotta attributed the weaker performance of Ethereum ETFs to current market conditions, including uncertainty from the U.S. election, regulatory challenges, and competition from other protocols like Solana. Despite these challenges, Zagotta expressed cautious optimism for market improvement by the end of the year. Source: Cointelegraph