According to ChainCatcher, Galaxy Research said in a report on Wednesday that once the ETH spot ETF is approved for trading, the monthly net inflow of funds may reach $1 billion. It is expected that the net inflow of ETH ETF in the first five months will reach 20-50% of the net inflow of BTC ETF. Galaxy's target is 30%, which means a monthly net inflow of $1 billion.

At the same time, Galaxy warned that the demand for spot Ethereum ETFs may be limited due to the lack of staking rewards. The outflow of funds from the Grayscale Ethereum Trust (ETHE) may also drag down the inflow of funds for the Ethereum ETF, but the ETHE ETF conversion has a relatively small drag on the price of Ethereum.