The net inflow of Ethereum spot ETFs will reach 5 billion US dollars in the first six months
Gemini stated in a report that once the United States approves a spot Ethereum (ETH) ETF, the net inflow in the first six months could be as high as 5 billion US dollars. The current market value of Ethereum relative to Bitcoin is close to a multi-year low, and strong capital inflows may trigger a rebound. The report pointed out that if the ETH/BTC ratio returns to the median of the past three years, ETH could rise by nearly 20%. If it reaches its peak at 0.087, it is expected to increase by 55%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Machi Big Brother’s ETH long position has lost all unrealized profits, now only $79.63 away from the liquidation price.
Ondo submits tokenized securities roadmap to SEC, calls for relaxation of three on-chain ownership models
Pundi AI Data Pump goes live on a certain exchange wallet, driving the decentralized AI economy