Analysts at K33 Research claim the launch of spot Ether exchange-traded funds (ETFs) will result in ETH outperforming BTC, which will face selling pressure due to the Mt Gox creditor repayments.

They believe the ETFs could launch as soon as July 8 and see them as a “golden egg,” driving demand for Ethereum.

K33 Research:

“We maintain a bullish ETH outlook in anticipation of net inflows equivalent to 0.75-1% of ETH’s circulating supply in the five months following the launch.”

Source: Cointelegraph