đ Bitwise predicts Ethereum spot ETFs to rake in a whopping $15B in net inflows within 18 months of hitting the U.S. market! đ°
đč Based on Bitcoin's ETF figures and market size, Bitwise CIO Matt Hougan sees a 3:1 asset ratio between Bitcoin and Ethereum.
đč With Bitcoin's market cap at $1.26T and Ethereum's at $432B, Hougan anticipates Bitcoin ETFs to reach $100B by 2025.
đč Ethereum ETPs would then need $35B in AUM to reach parity.
đž But wait, there's more! Grayscale's Ethereum Trust will convert into an ETF at launch with $10B, reducing the ETF flow estimate to $25B.
đž Factoring in proportional differences and the Bitcoin ETF market's "carry trade," the estimate drops to $15B.
đ With $15B of inflows, Ethereum ETF would be a historic success. Only four ETFs launched since 2020 have achieved this level.
đ„ "ETH is one of the best-performing assets of all time, and its best days are ahead of it," says Hougan.
What do you think? Are you bullish on Ethereum ETFs? Share your thoughts below! đ #DeFi #Ethereum #ETFs