Ether Spot ETFs are expected to attract significant net inflows in the first six months of trading, potentially reaching up to $5 billion, according to Gemini. The crypto exchange highlights that ether is currently undervalued compared to bitcoin, and the inflows into the ETFs could drive a reversal in this trend. If the ether/bitcoin ratio were to return to the median of the past three years, ether could potentially rally by almost 20%. The approval of Ether spot ETFs by the Securities and Exchange Commission (SEC) in the U.S. earlier this year has paved the way for their imminent trading. Gemini states that net inflows below $3 billion would be disappointing, while inflows above $5 billion would be considered strong, and anything close to $7.5 billion would be a significant upside surprise. These predictions align with other reports that suggest ether could reach $6,500 this year due to ETF inflows and other positive factors.
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Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
