Key Takeaways:
- Bitwise CIO Matt Hougan predicts ETH spot ETFs will see $15 billion in net inflows within the first 18 months of U.S. trading.
- U.S. investors have already invested $56 billion in spot BTC ETFs since January, with projections to exceed $100 billion by 2025.
- The Grayscale Ethereum Trust (ETHE) conversion to a spot ETF is anticipated, managing $10 billion in assets, contributing significantly to the market.
A recent report predicts that ether (ETH) spot ETFs will attract $15 billion in net inflows within the first 18 months of trading in the U.S., according to Bitwise CIO Matt Hougan.
This estimation considers the market caps of bitcoin (BTC) and ether, with bitcoin currently holding 74% of their combined value.
🚨JUST IN: CIO OF BITWISE EXPECTS SPOT $ETH ETFS TO ATTRACT $15 BILLION IN FIRST 18 MONTHS
— BSCN Headlines (@BSCNheadlines) June 25, 2024
U.S. investors have already invested $56 billion in spot bitcoin ETFs since January, expected to grow to over $100 billion by 2025.
The Grayscale Ethereum Trust (ETHE) is expected to convert to a spot ETF, managing $10 billion in assets, leaving $25 billion needed to reach parity.
Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months https://t.co/xRsQNVB3Ag
— The Block (@TheBlock__) June 25, 2024
In Canada, ether ETPs account for 22%-23% of total AUM, slightly below their market cap weight.
Spot Ethereum ETFs Expected to Attract $15 Billion
— The Wolf Of All Streets (@scottmelker) June 26, 2024
Bitwise CIO Matt Hougan predicts that spot Ethereum ETFs will attract $15 billion in net inflows within 18 months of their U.S. launch. Despite lacking a staking feature and the influence of carry trades, Hougan based his… pic.twitter.com/TFk0vyFVcG
If U.S. ether ETFs follow this trend, net new inflows might be around $18 billion, potentially reduced by another $3 billion due to various factors.
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