Saturday, November 23, 2024
Home > Exchanges > Spot Ether (ETH) Exchange-Traded Funds (ETFs) Are Likely to See Up to $5B of Net Inflows in First Six Months: Gemini

Spot Ether (ETH) Exchange-Traded Funds (ETFs) Are Likely to See Up to $5B of Net Inflows in First Six Months: Gemini

Net inflows into spot ether ETFs below $3 billion would be a disappointment given that bitcoin versions received $15 billion of inflows in the first six months, Gemini said. Net inflows above $5 billion, a third of the bitcoin ETF level, would be a strong showing, and anything close to 50% or $7.5 billion would be a “significant upside surprise.”

Source