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ScottMelker
Jul 31, 2024
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An analyst from Sygnum Bank predicts that spot Ethereum spot ETFs will attract significantly lower inflows in their first year of trading compared to spot Bitcoin ETFs, estimating that Ethereum's inflows will range from $5 to $10 billion due to its lesser name recognition and smaller market cap.

In contrast, spot BTC ETFs are expected to see between $30 billion and $50 billion in inflows over the same period. Initial trading of spot ETH ETFs saw negative net flows, with $1.5 billion in outflows from Grayscale’s ETHE and just over $1 billion in net inflows into competing funds. Spot BTC ETFs had a stronger start with $1.26 billion in net inflows in their first four days and are projected to continue attracting substantial investments from traditional institutions.

Source: The Block

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