K33 Report Advises a Shift from Ethereum to Bitcoin Amid ETF Disappointment

K33 Report Advises a Shift from Ethereum to Bitcoin Amid ETF Disappointment

The post K33 Report Advises a Shift from Ethereum to Bitcoin Amid ETF Disappointment appeared first on Coinpedia Fintech News
K33 Research, a renowned name in the crypto analysis realm, has issued a compelling report that’s caught the attention of many investors. The report says, “Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin,” leaves no room for obscurity.
K33 Analyst Vetle Lunde Flips from Ethereum to Bitcoin
Earlier in September, K33 Research senior analyst Anders Helseth and Vetle Lunde & Vetle Lunde stated in their report that Ether (ETH) is poised to outperform bitcoin (BTC) in September and October as it benefits from stronger momentum related to a likely exchange-traded fund (ETF) listing.
But now things seem to be changing for Ethereum. 
As K33 Research analysts Anders Helseth and Vetle Lunde, have suggested a change in investment strategy due to the relatively disappointing performance of new Ethereum futures exchange-traded funds (ETFs). 
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