According to TechFlow, Bitwise Chief Investment Officer Matt Hougan predicts that by the end of 2025, Ethereum ETP will bring in $15 billion in net inflows, possibly becoming one of the most successful ETPs in history. However, Bitcoin ETP has performed even more strongly, attracting $14 billion in net inflows in less than six months after listing, and this figure is expected to soar to more than $50 billion by the end of 2025.
Although Bitcoin's market cap is 3 times that of Ethereum, Ethereum ETPs may outperform expectations. Ethereum is seen as a high-growth tech stock, and its structure is a technology platform that is the cornerstone of new crypto applications such as tokenization, stablecoins, and decentralized finance. Therefore, as more and more people use these applications, the value of ETH, the asset of the Ethereum blockchain, will grow.
Hougan believes that investors may prefer to hold technology-based assets such as Ethereum rather than new monetary assets. Therefore, the core idea of Ethereum (that ETH is a technology investment) needs to gain mainstream attention, so that more people understand the difference between Ethereum and Bitcoin, and the applications built on Ethereum need to gain mainstream attention.
