💰
Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months
Bitwise CIO Matt Hougan predicted that spot Ethereum exchange-traded funds will attract $15 billion of net inflows in their first 18 months, once launched in the U.S. The U.S. Securities and Exchange Commission approved 19b-4 forms for eight spot Ethereum ETFs from firms like Bitwise, BlackRock and Fidelity on May 23. However, the issuers still need to have their S-1 registration statements become effective before trading can begin. This is expected to happen in the next few weeks.
