As Charles Yu, vice president of research at Galaxy Digital, writes in the company’s blog, analysts compared the capitalization of these two assets, open positions in them, trading volumes on futures markets, as well as the total volume of ETFs in various investment funds.
“Given the above, we believe that the inflow of funds into ETH ETFs will be three times less than into US Bitcoin funds. However, the figures may vary from 20% to 50% of the capitalization of Bitcoin ETFs. On average, we expect the capitalization of Ether funds to be three times less than that of BTC funds. Thus, given the current capitalization of Bitcoin funds at $15 billion, the inflow of funds into Ether ETFs will be approximately $1 billion per month for five months after approval,” said the chief analyst at Galaxy Digital.
Yu also emphasized that the approval of ETH spot ETFs will have a positive impact on the Ethereum market. It will attract financial professionals to the asset, increase the adoption of Ethereum among regulators and large financial institutions, and provide access to investments in the second cryptocurrency for large asset managers.
It is worth noting that over the past week, the inflow of funds into spot Bitcoin ETFs exceeded $398 million.
Source: Bits

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