ETH spot ETF inflow estimation: Will it repeat the trend of BTC spot ETF?
Compared to GBTC, ETHE outflows will be more modest as holders transition to this mini-trust.
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Compared to GBTC, ETHE outflows will be more modest as holders transition to this mini-trust.
The launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
BTC, ETF, $2.4 billion inflow in three weeks. Bitcoin ETF returns strongly. Golden Finance. Experts believe that the inflow of funds is due to the increase in global liquidity.
In the next bull market, if interest rate cuts can occur, there is still hope that the price of Ethereum will reach $10,000.
BlackRock's Bitcoin ETF garnered $290 million, capturing 95% of U.S. spot Bitcoin ETF inflows and pushing total inflows past $300 million, significantly boosting market momentum.
GBTC saw its first inflows since the spot ETF conversion.
BlackRock's IBIT recorded its first $0 inflow day, breaking a 71-day streak, while other ETFs also faced outflows, signaling a temporary market downturn.
The Dencun hard fork has been completed on the Goerli, Sepolia and Holesky testnets, and the mainnet will be launched on Epoch 269568 (approximately March 13, 2024).
I believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.