In September, there's been a notable uptick in requests for Ethereum ETFs, following a similar trend seen in August for Bitcoin ETFs
Notably, companies such as Ark Invest and 21Shares are actively preparing to launch these innovative ETFs
Analysts are increasingly optimistic, forecasting the potential approval of a Bitcoin spot ETF by the SEC before 2023 concludes, and an Ethereum spot ETF by the close of 2024
These developments are fueling speculation about a significant shift in crypto investments, commonly referred to as the "flippening"
In the flippening, some think Ethereum (ETH) might become more popular than Bitcoin (BTC) among investors.