Ethereum ETFs Expected to Drive Significant Market Changes, Experts Say

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Source: CoinDesk
Ethereum ETFs Expected to Drive Significant Market Changes, Experts Say
Photo: CoinDesk
TL;DR Summary

JPMorgan predicts that spot ether ETFs will see significantly lower demand compared to bitcoin ETFs, with potential inflows of up to $3 billion this year, possibly rising to $6 billion if staking is allowed. Bitcoin's first mover advantage and broader appeal, along with the upcoming bitcoin reward halving, contribute to its higher demand. The SEC has approved key regulatory filings for ether ETFs, but they are not yet cleared to trade. The initial market reaction to ether ETFs is expected to be negative, with potential outflows from the Grayscale Ethereum Trust.

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