Galaxy anticipates significant investor interest in Ether spot ETFs, expected to generate approximately $5 billion in net inflows over the initial five months following their approval, with a considerable share of demand coming from independent investment advisors and broker/dealer platforms. Despite challenges such as the absence of staking rewards and the potential drag from outflows from the Grayscale Ethereum Trust, Ether’s unique market position, with a large portion of its total supply locked up, makes it particularly sensitive to ETF-related inflows, differentiating it from Bitcoin spot ETFs. SEC approval could further boost the trading of these ETFs as early as July.