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The net inflow of Ethereum spot ETFs will reach 5 billion US dollars in the first six months

Bitget2024/07/02 09:16

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%.

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