While the last prediction for the opening of Spot Ethereum ETFs for trading is announced as July 23, various predictions regarding ETF inflows continue to come.
At this point, Citi analysts have predicted that US spot Ethereum ETFs could attract inflows of up to $5.4 billion in the first six months.
Spot ETH ETFs could attract up to $5.4 billion in net inflows in the first six months, CoinDesk reported.
Citi analysts said they expect spot Ethereum ETFs to attract inflows of around 30-35% of Bitcoin ETF net inflows.
Analysts also stated that ETH could be disappointing due to a number of factors, such as the lack of staking in ETH and Bitcoin being first in terms of ETF.
Citi analysts led by Alex Saunders said:
“We predict that Ethereum ETFs will not attract as much inflow as Bitcoin ETFs. Part of the reason for this is that while ETH may offer diversification benefits over the long term, it may not currently offer those benefits given its different and broader use cases.
However, we also think that investors who are likely to purchase spot ETFs may split their allocations between the two cryptocurrencies rather than viewing Bitcoin and Ethereum as separate assets.
Ultimately, we estimate that ETH ETFs could have a potential net inflow range of $4.7 billion to $5.4 billion within six months.”
According to recent updates, industry experts expect spot Ethereum ETFs to launch on July 23.
*This is not investment advice.
