Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
Spot ether (ETH) exchange-traded funds (ETFs) could see net inflows of up to $5 billion in the first six months of trading in the U.S., according to a research report by crypto exchange Gemini. Combined with the current Grayscale Ethereum Trust assets under management (AUM), this could result in a total AUM for spot ETH ETFs in the U.S. of $13 billion-$15 billion in the first six months. The report also suggests that these inflows could improve ether's market value relative to bitcoin. Ether spot ETFs are expected to begin trading in the U.S. in the coming months following approval from the Securities and Exchange Commission. If the ether/bitcoin ratio returns to its median value of the past three years, it could rally almost 20% to 0.067. Net inflows into spot ether ETFs below $3 billion would be disappointing, while inflows above $5 billion would be considered strong.
