Ethereum spot ETF yearly inflows could be as low as 15% of bitcoin’s, Sygnum Bank analyst says | Headlines | News | CoinMarketCap

07/30/2024 22:24
Ethereum spot ETF yearly inflows could be as low as 15% of bitcoin’s, Sygnum Bank analyst says | Headlines | News | CoinMarketCap

Ethereum spot exchange-traded funds (ETFs) are likely to experience significantly lower inflows during their first year of trading compared to …

Ethereum spot exchange-traded funds (ETFs) are likely to experience significantly lower inflows during their first year of trading compared to inflows for bitcoin spot ETFs, an analyst said.

"Ethereum’s lesser name recognition is likely to mean slower adoption, and with its market capitalization a third of bitcoin’s, we expect the relative inflows to be in the 15 to 35% range versus bitcoin, with a resulting forecast of $5 to $10 billion in the first year," Sygnum Bank Head of Research Katalin Tischhauser told The Block. The analyst also forecasted that based on current and historical market patterns, spot bitcoin ETFs could attract between $30 billion and $50 billion in inflows over the first 12 months of trading.

Ethereum spot ETFs vs. bitcoin ETFs

Spot Ethereum ETF trading commenced …

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