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Ether Spot ETF Annual Inflows May Be Just 15% of Bitcoin's, Sygnum Bank Analysts Say

Ether Spot ETF Annual Inflows May Be Just 15% of Bitcoin's, Sygnum Bank Analysts Say

Bitget2024/07/30 16:00

According to The Block, an analyst at Sygnum Bank said that inflows into the Ether ETF could be significantly lower in its first year of trading compared to inflows into the Bitcoin spot ETF.Katalin Tischhauser, head of research at Sygnum Bank, said, "Ether's lower visibility, which likely means slower adoption, and with a market capitalisation that is only a third of Bitcoin's, we expect its relative inflows to be in the range of 15 to 35 per cent of Bitcoin's, resulting in projected inflows of $5 billion to $10 billion in the first year." The analyst also predicts that spot bitcoin ETFs could attract $30 billion to $50 billion in inflows in the first 12 months of trading, based on current and historical market patterns.

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