Galaxy Digital Expects Up To $7.5 Billion Inflows Into ETH ETFs In First Five Months
Charles Yu, vice president of research at Galaxy, said in a report Wednesday that ETH ETFs are conservatively estimated to see inflows of 20 percent or more into bitcoin ETFs in the first five months of trading. if his prediction is correct, inflows into similar ethereum funds could be in the range of $3 billion to $7.5 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
Trending news
MoreCrypto prices
More
