According to Odaily Planet Daily, Galaxy released a research report on Wednesday, which pointed out that the Ethereum spot ETF may have a net inflow of US$5 billion in the first five months, and the demand for the new product is expected to come from independent investment advisors and broker/dealer platforms.
Analyst Charles Yu said: "We expect net inflows into ETH ETFs in the first five months to be 20-50% of net inflows into BTC ETFs, and our target is 30%, which means a net inflow of $1 billion per month."
