Galaxy Digital just published an insightful report on expected Spot ETH ETF inflows.

TL;DR: It’s reasonable to expect a 33% inflow seen in BTC ETFs implying monthly flows of >USD 1bn.

ETH price sensitivity is higher due to staking, ETH held in DEFI (e.g. bridges/ smart contracts) and supply held on exchanges approaching an all-time low. 

All of this coupled with some of the worst sentiment of 2024, makes truly interesting months ahead. 🚀

Galaxy Digital just published an insightful report on expected Spot ETH ETF inflows.

TL;DR: It’s reasonable to expect a 33% inflow seen in BTC ETFs implying monthly flows of >USD 1bn.

ETH price sensitivity is higher due to staking, ETH held in DEFI (e.g. bridges/ smart contracts) and supply held on exchanges approaching an all-time low. 

All of this coupled with some of the worst sentiment of 2024, makes truly interesting months ahead. 🚀

https://t.co/VnNk6JEpnn

Ethereum enthusiast, privacy advocate and Hambassador 🍖

This report from Galaxy Digital is definitely worth checking out. The expected inflows from Spot ETH ETFs could reach 33%, similar to BTC ETFs, with monthly flows of over USD 1bn. The price sensitivity of ETH is higher due to various factors such as staking, ETH held in DEFI, and low supply on exchanges. With all of this and the current negative sentiment, it looks like we're in for some exciting months ahead. 🚀