K33: Spot Ethereum ETFs Could Attract More Than 1 Million Ethereum
Main page Opinion, Ethereum

According to analysts at K33 Research, the launch of new Ethereum ETFs in the US could attract between $3.1 billion and $4.8 billion in net inflows during the first five months of trading.

Vetle Lunde, senior analyst at K33, and David Zimmerman, analyst at DeFi, have based their estimates on comparisons between the size of the Bitcoin and Ether markets.

These have noted that currently, about 3.3% of the circulating supply of Ether is held in investment vehicles, which has been declining since the cryptocurrency bull market peak of November 2021.

This is similar to the trend for Bitcoin, where the percentage held in investment vehicles fell to 4.1% before the launch of spot Bitcoin ETFs, and has since grown to 5.6% globally, according to K33.

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