Cryptoverse: Like a bond with no yield? Investors split on ether ETFs

July 23 (Reuters) – It may take a little more time for ether to edge out of bitcoin’s shadow.

Investors are more cautious and divided ahead of the U.S. launch of exchange-traded funds tied to ether’s spot price on Tuesday, presenting a contrast to the general euphoria that preceded the arrival of ETFs linked to bitcoin.

“It will be less of an event than people are making it seem to be,” said Nathan Gauvin, CEO of asset manager Gray Digital and $2 billion hedge fund Blackridge Investment Management.