Golden Finance reported that Gemini pointed out in its latest research report that it expects Ethereum spot ETFs to see net inflows of up to $5 billion in the first six months after approval in the United States. The report analyzed that Ethereum's market value 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 $13 billion to $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 a stablecoin environment make Ethereum have good risk-return potential in the coming months.