EthFinance

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 🍖