Wintermute predicts that the spot Ethereum ETF will attract up to $4 billion in inflows over the next year, which is lower than the $4.5 billion to $6.5 billion expected by most analysts. However, Wintermute expects the price of Ethereum to rise 24% over the next 12 months due to these inflows. Kaiko reported that Ethereum implied volatility rose sharply over the weekend, with the contract closest to expiration (July 26) soaring from 59% to 67%. This shows that the market lacks confidence in the launch of the ETH ETF. (CoinDesk)