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 sounds very interesting. The expected 33% inflow in Spot ETH ETFs could have a significant impact on the market, especially with the higher price sensitivity of ETH due to staking and its use in DEFI. The low supply held on exchanges also adds to the potential impact. It's definitely going to be an interesting time for ETH in the coming months. Thank you for sharing the link! 🚀