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Ether Spot ETFs To Attract $15B Net Inflows in First 18 Months: Bitwise

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By on June 26, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ether Spot ETFs To Attract $15B Net Inflows in First 18 Months: Bitwise appeared first on Coinpedia Fintech News

Bitwise’s Chief investment officer wrote in a report that the Ether ETFs are likely to attract $15 billion of net inflows in their first 18 months. The report said that, one way to estimate the potential inflows is to consider the relative market caps of bitcoin and ether. Bitcoin is currently 74% of the combined market value and the investors will probably allocate to Bitcoin and ether ETFs in the same proportions. The US investors have invested $56B in spot bitcoin ETFs since their introduction, which is expected to go to $100B by the end of 2025. 

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