Merry Xmas you all I came across a news today that pick my interest, it was about author Hayes view on Bitcoin ETFs approval which I found as a breath of fresh air of someone thinking about the negative impact ETF might have on Bitcoin. IMO I think that Can only happen in the worse case scenario.
He missed a fact, big fact, that Ethereum Spot ETF applications have no chance to be approved if there is no approval for Bitcoin Spot ETF application.
Ethereum Spot ETF applications, in other words, rely on SEC. decisions on Bitcoin Spot ETF applications, so it's untrue to say Ethereum can beat Bitcoin.
This narrative occurs many times, in 2017, 2021 and you see Ethereum is always a second biggest cryptocurrency, it did not take over the first position of Bitcoin. It will not succeed to do it in future too.