Crypto enthusiasts anticipate the launch of spot Ethereum exchange-traded funds (ETFs) in the US, with some analysts predicting they could attract significant capital. Bitwise's chief investment officer, Matt Hougan, expects these ETFs to draw $15 billion in net flows within their first 18 months. Hougan's projection is based on data analysis, including a comparison of Ether's market cap to Bitcoin's, the international crypto ETP market, Grayscale's Ethereum Trust conversion, and spot Bitcoin ETFs' "carry trade." He also predicts that investors will allocate to Bitcoin and Ethereum ETFs roughly in line with their market caps.