Crypto entrepreneur and investor Andrew Kang has shared an analysis of the potential impact of Ethereum ETFs, predicting a less significant effect compared to Bitcoin ETFs. Kang estimates Ethereum ETF flows to be around 10-15% of Bitcoin ETF flows, equating to roughly $500 million to $1.5 billion in net buying within six months. He attributes this to Ethereum being viewed more as a tech asset, with less institutional interest and buying pressure due to its current valuation metrics. Despite this, Kang suggests that if Bitcoin increases to $100,000 by the end of this year or early next, it could boost Ethereum and other altcoins.

However, Kang also anticipates a continued downtrend for the ETH/BTC ratio over the next year. Ethereum's price has recently dipped below $3,400, reflecting broader market uncertainty. Despite these predictions, there are still bullish prospects for Ethereum. Large asset managers such as BlackRock could use Ethereum to tokenize real-world assets, and the US Securities and Exchange Commission's recent closure of its investigation into the Ethereum Foundation could solidify ETH's status as a commodity rather than a security, which would be bullish for the asset and other altcoins.