ETH ETFs are expected to see $1 billion in net inflows per month

Bitcoin ETFs saw net inflows of $15.1 billion between launch on January 11, 2024 and June 15, 2024.

Nine issuers are vying to launch 10 Ethereum spot ETFs in the U.S.

After approving all 19 b-4 filings on May 23, the SEC is expected to allow these instruments to begin trading in July 2024.

As with Bitcoin ETFs, we believe the primary new accessible market is independent investment advisors, or those associated with banks or broker/dealers.

We expect ETH ETF net inflows to be 20-50% of BTC ETF net inflows in the first five months, with a target of 30%, which would imply $1 billion in net inflows per month.

Overall, we believe ETHUSD is more price sensitive to ETF inflows than BTC due to the majority of ETH total supply being locked in staking, bridges, and smart contracts, and the smaller amount on centralized exchanges. #美国大选如何影响加密产业？ #德国政府转移比特币