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In a recent report by K33 Research, analysts project that new spot Ethereum exchange-traded funds (ETFs) in the United States could garner between $3.1 billion and $4.8 billion in net inflows within their initial five months of trading. Drawing comparisons with Bitcoin, the analysts anticipate significant investment interest in Ethereum, highlighting the steady downtrend in the portion of ether’s circulating supply held in investment vehicles since the 2021 crypto bull market peak.
Globally, existing Ethereum exchange-traded products (ETPs) hold a substantial portion of assets under management compared to Bitcoin counterparts, with figures around 28.2% excluding U.S. spot Bitcoin ETFs. Despite U.S. Ethereum futures ETFs representing just 5% of their Bitcoin counterparts, analysts attribute this to launch timing rather than indicative of investment demand.
Approval for eight spot Ethereum ETFs from firms like BlackRock and Fidelity has been granted by the U.S. Securities and Exchange Commission, pending effective S-1 registration statements before trading commencement. Analysts remain optimistic, citing BlackRock CEO Larry Fink’s influence on Ethereum’s potential, foreseeing a setup for asset strength throughout the summer.
