According to TechFlow, Bitwise Chief Investment Officer Matt Hougan predicts that the US Ethereum spot ETF will attract $15 billion in net capital inflows in the first 18 months after its launch. Hougan came to this conclusion by evaluating relative market capitalization, international ETP data and the role of arbitrage trading.
The U.S. Securities and Exchange Commission has approved Ethereum spot ETF applications from eight companies, including Bitwise, BlackRock and Fidelity. These ETFs are expected to start trading in the coming weeks. Hougan said that although Ethereum spot ETFs may lack the arbitrage dynamics of Bitcoin spot ETFs, they will still have a significant impact on the Ethereum market.
