LATEST: Bitwise Reports Ether Spot ETFs to See $15B Inflows in 18 Months

The anticipated approval of Ether (ETH) spot exchange-traded funds (ETFs) in the U.S. could signal a significant influx of investments, estimated to reach $15 billion within the first 18 months. Bitwise’s Chief Investment Officer, Matt Hougan, predicts these funds will mirror the allocation patterns seen with Bitcoin, given Ethereum’s strong market position relative to Bitcoin’s 74% dominance.

Since the introduction of Bitcoin ETFs in January, U.S. investors have poured $56 billion into these products, with projections hitting upwards of $100 billion by 2025. This uptrend in Bitcoin investments lays a promising foundation for Ethereum ETFs, positioning them as a pivotal development in diversifying crypto investment opportunities across major trading platforms.

Challenges persist, as seen in Canada where Ether ETFs have underperformed, capturing only 22%-23% of total asset management, a likely result of Bitcoin’s early market entry. However, the U.S. market’s broader embrace of crypto indicates potential for greater acceptance and investment in Ether ETFs, despite these hurdles.

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