Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
Summary
Ethereum-based ETFs are set to launch in the U.S., with an estimated $4 billion inflow in the first five months. This is based on the comparison of ETH-based products and BTC products, as well as the open interest in futures contracts. The ETFs are expected to hold 800,000 to 1.26 million ETH, creating a supply crunch. Analysts predict that the introduction of these ETFs will lead to price appreciation in ETH, potentially outperforming BTC. The SEC's approval of spot ETH ETF filings surprised the market, and the ETFs are expected to start trading in late June or early July. Omission of staking in the ETF filings is not expected to negatively impact inflows.
