Ether (ETH) will above bitcoin in September and October, according to crypto analytics firm K33. Given the high chances that the first ether ETF in the US will be approved by mid-October, investors can ride the momentum that will carry ETH as the deadline approaches, according to senior analyst Vetle Lunde. September has been a historically difficult month for BTC, which has recorded a negative return in that month every year since 2016. Therefore, the odds are “stacked in ETH’s favor,” said Lunde, referring to 60% gain made by bitcoin in the three weeks ahead of the first approval of the US futures-based ETF in 2021.
