According to ChainCatcher, Gemini pointed out in its latest research report that it expects the Ethereum spot ETF to see a net inflow of up to $5 billion in the first six months after its approval in the United States. The report analyzed that the market value of Ethereum relative to Bitcoin is close to a multi-year low, and strong capital inflows may trigger a price rebound. If the Ethereum/Bitcoin ratio returns to the median of the past three years, there may be a nearly 20% increase.
In addition, the report also mentioned that combined with the current managed assets of Grayscale Ethereum Trust (ETHE), the total managed assets of Ethereum spot ETFs in the United States will reach US$13 billion to US$15 billion in the first six months. Gemini believes that factors such as Ethereum's comparable asset management scale in the international ETF market, strong on-chain dynamics, and the stablecoin environment make Ethereum have good risk-return potential in the coming months.
