Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows
Summary
Asset managers are preparing for the launch of spot Ethereum ETFs pending SEC approval. Bitwise CIO predicts $15B inflows within 18 months based on market data and international ETF analysis. He expects Ethereum ETFs to attract $35B in assets to achieve parity with Bitcoin ETFs, factoring in the conversion of Grayscale Ethereum Trust to an ETP. The estimated net inflows may be around $25B due to various factors. ETH was trading at $3,405 at the time of writing.
