The net inflow of Ethereum spot ETFs will reach 5 billion US dollars in the first six months
Gemini stated in a report that once the United States approves a spot Ethereum (ETH) ETF, the net inflow in the first six months could be as high as 5 billion US dollars. The current market value of Ethereum relative to Bitcoin is close to a multi-year low, and strong capital inflows may trigger a rebound. The report pointed out that if the ETH/BTC ratio returns to the median of the past three years, ETH could rise by nearly 20%. If it reaches its peak at 0.087, it is expected to increase by 55%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lagarde reiterates she will leave the European Central Bank in 2027 but refuses to provide an exact date
Christine Lagarde reiterated that she will step down as President of the European Central Bank in 2027 but refused to say whether she will remain in office until her term ends in October next year.
Roivant Sciences holds annual shareholder meeting
--Wells Fargo Upgrades Kaiser Aluminum to Equalweight From Underweight, Adjusts PT to $160 From $169
Crypto prices
More
