Estimated First-Year Net Inflows for ETH ETF to Reach $5-6 Billion
Publication Time:2024-07-23 21:06:06
Bloomberg ETF analyst Eric Balchunas revealed on social media that he and James Seyffart jointly estimated that the net inflows for the ETH ETF (Ethereum Exchange-Traded Fund) in its first year would reach $5-6 billion, representing approximately 20% of the total inflows into Bitcoin ETFs. According to forecasts, BlackRock and Fidelity will benefit the most from this growth, making them among the largest beneficiaries. As market attention towards Ethereum increases, it is expected that sufficient capital will flow into the ETH ETF market, meeting investor demand.
Cryptocurrency
ETH ETF
BlackRock
Net inflows
Fidelity