$$ETH Spot ETF Inflows Will Push ETH to Beyond $5K đđ...
It may not happen immediately, and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said.
Spot Ether ETFs and Inflows:
Gemini expects net inflows of up to $5 billion in the first six months once spot Ether ETFs are cleared for trading in the U.S. Total AUM for spot ETH ETFs could reach $13 billion-$15 billion during this period. This could improve Etherâs relative standing compared to Bitcoin.
Catch-Up Trade Potential:
Etherâs market value relative to Bitcoin is near multiyear lows. A return to the median Ether/Bitcoin ratio could lead to a 20% rally, while the maximum ratio would mean a 55% rally.
Expectations and Comparison:
Net inflows below $3 billion would be disappointing; above $5 billion would be strong. Ether spot ETFs are expected to begin trading in the U.S. soon.
Analysis for right now.
