The ETF was approved on July 2. Is it a market rally or the start of a big bull market!
How much will ETH rise after the Ethereum spot ETF is listed?
It is expected that the inflow of funds will be between $3 billion and $4.8 billion in the first five months after the Ethereum spot ETF is listed, showing strong market demand. This speculation is based on the global relative market share of ETH AUM relative to BTC's 28%, and the comparison of CME's ETH OI with BTC's current 23%. Comparing these weights with the cumulative spot BTC ETF inflow of $13.8 billion, the net inflow of ETH is between $3.1 billion and $4.8 billion.
Research shows that the newly launched ETF will absorb 750,000 to 1,000,000 ETH, equivalent to 0.65-0.85% of the circulating supply of ETH.
All these signs show that although Ethereum has not risen as much as Bitcoin since the beginning of this year, its trend in the second half of the year has the opportunity to outperform Bitcoin after the spot ETF is open for trading.
When can you start buying and selling Ethereum spot ETF: Early July at the earliest, late September at the latest
The market needs a certain buffer period. It will inevitably rise wildly on the same day, and it is also necessary to wait for the market to ease. Ethereum will gradually drive the rise of cottage as time goes by!
