Spot Ethereum ETF to Follow Spot Bitcoin ETF, Says Analyst: What to Expect
Will a spot Ethereum ETF be the next big thing after the successful launch of spot Bitcoin ETFs? Macro economy expert Raoul Pal certainly thinks so, predicting a spot Ethereum (ETH) ETF (Exchange Traded Fund) will follow a spot Bitcoin (BTC) ETF. But what can we expect from these Ethereum ETFs?
Forecasts vary, but analysts are closely watching the potential impact. Bloomberg's senior ETF analyst, Eric Balchunas, has updated his prediction for the launch of spot ethereum exchange-traded funds (ETFs). He expects a toned-down debut for Ethereum ETFs, estimating they'll capture only 20% of the inflows and trading volume seen by Spot Bitcoin ETFs.
How Much Investment Will Ethereum ETFs Attract? Spot Ethereum exchange-traded funds could capture as much as a fifth of the investment flows currently directed towards spot bitcoin ETFs, according to some analysts. Eric Balchunas, a senior ETF analyst at Bloomberg, also expects a toned-down debut, predicting the Ethereum Spot ETFs will record between % of investments in their Bitcoin-based peers once trading commences.
Potential Price Impact: Some forecasts suggest a significant price surge for Ether if the ETF approval mirrors the Bitcoin ETF trend. Analysts had earlier predicted a potential 60% rally in Ether’s price if ETF approval follows the trend of Bitcoin BTC/USD ETFs. Keep an eye on price action as developments unfold.
Spot Ether ETFs: A Strong Start, But Short of Bitcoin's Debut? While many are optimistic, Bloomberg analyst Eric Balchunas suggests Spot Ether ETFs See Strong Start on Debut But Falls Short of Bitcoin ETFs, Says Analyst. Spot Ethereum exchange-traded funds (ETFs) saw over $100 million in net inflows, indicating initial interest, but the performance relative to Bitcoin ETFs remains the key question.
Stay updated on the latest news and analysis surrounding spot Ethereum ETFs as they potentially become a reality.