ETH spot ETFs could outperform BTC in the weeks following their U.S. launch, according to analysts at K33 Research. The ETFs, expected to launch as early as July 8, are a "golden egg" for the price of ETH and will come under selling pressure as $8.50 billion worth of funds are returned to creditors of collapsed exchange Mt. Gox starting this week, K33 analysts Vetle Lunde and David Zimmerman said in a note. For more than a year, ETH has underperformed BTC, which has enjoyed market-leading gains this year as more than $14 billion has flowed into bitcoin exchange-traded products. Lunde said that with the arrival of summer and the accumulation of funds, ETFs have become a solid catalyst for the relative strength of ETH, and I firmly believe that the current ETH/BTC price is a good deal for patient traders. "We remain optimistic about the outlook for ETH and expect net inflows to be equivalent to 0.75-1% of ETH's circulating supply within five months of launch.