Ethereum

Spot

Spot Ethereum ETFs outperformed expectations, experiencing inflows of $107 million on the first day of trading.
Most market analysts expect Ethereum to first decline and then rise in the short term, as is the case with Bitcoin.
<h2 id="so-what-are-the-expectations-of-important-names-in-the-industry-about-the-spot-ethereum-etf-performance-and-eth-price">So, what are the expectations of important names in the industry about the spot Ethereum ETF performance and ETH price?</h2>
Citibank analysts expect net inflows into spot Ethereum ETFs to potentially range from $4.7 billion to $5.4 billion in the first six months.
JP Morgan estimates that inflows to ETH ETFs will be $3 billion this year.
According to Bernstein analysts, there will be more than $100 billion inflow into crypto ETFs in the next two years.
In a recent report, Wintermute predicted $4 billion in inflows into ETH ETFs and that the ETH price will only increase 24% in the next 12 months.
Analysts at K33 Research predicted inflows into Ethereum ETFs between $3 billion and $4.8 billion in the first five months. While analysts stated that these entries would lead to an increase in the ETH price, they did not specify any rate or figure.
Bloomberg ETF analyst Eric Balchunas estimates that ETH ETF inflows will account for 10-15% of spot Bitcoin ETF inflows, while another ETF analyst, James Seyffart, thinks that demand for the ETH ETF could reach 20% to 25% of the demand for BTC ETFs.
Bitwise CIO Matt Hougan predicts ETH ETFs will experience net inflows of $15 billion in the first 18 months after launch.
Standard Chartered analyst Geoffrey Kendrick thinks ETH ETFs will experience inflows of between $15 billion and $45 billion in the first 12 months, with the ETH price rising to $8,000 by the end of 2024.
Finally, Bernstein analysts Gautam Chhugani and Mahika Sapra predict that the ETH price will increase by 75% to $6,600 with ETF inflows.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/what-to-expect-in-spot-ethereum-etfs-and-eth-price-big-names-of-the-industry-shared-their-price-expectations/" rel="noopener noreferrer nofollow">What to Expect in Spot Ethereum ETFs and ETH Price? Big Names of the Industry Shared Their Price Expectations!</a>

What to Expect in Spot Ethereum ETFs and ETH Price? Big Names of the Industry Shared Their Price Expectations!

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