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Ethereum ETFs Should Attract Roughly 33% the Inflows of Bitcoin ETFs: Galaxy Digital

Ethereum exchange-traded funds (ETFs) are expected to attract approximately 33% of the inflows that Bitcoin ETFs receive, according to a research post by Galaxy Digital. The firm reached this estimate by comparing the market cap, open interest levels, futures market volume, and total assets under management (AUM) of the two assets. Based on their analysis, Galaxy Digital predicts that the inflows into Ether spot ETFs will be around three times less than those of US spot Bitcoin ETFs. This translates to monthly ETH ETF inflows of approximately $1.0 billion for the first five months following the launch of an Ether ETF. Charles Yu, Galaxy Digital’s vice president of research, believes that ETH ETFs will have a positive impact on the Ethereum market by increasing accessibility, gaining recognition from regulators and financial services brands, and promoting wider adoption of Ethereum technology by financial professionals.