2024-06-05
A
crypto analytics firm, K33 Research, released a report that spot Ethereum could attract $4 billion of inflows in the first 5
months.
The
sudden demand in Ether can create temporary supply shock and price jump in the first few months after spot Ethereum ETFs begin trading.
Spot bitcoin ETFs have attracted $14 billion of inflows so far and spot Ethereum ETFs will attract a substantial amount of value as well.
According to data from Coinbase 27% of Ethers are being
staked. And there are 73% unstaked Ethers.