Galaxy Digital: Expects $7.5 billion in inflows to spot Ethereum ETFs within the first five months.

Odaily Odaily News: Galaxy Digital Vice President of Research Charles Yu said in a report that up to $7.5 billion is expected to flow into spot Ethereum ETFs in the first five months. Yu wrote that from its launch to June 15, Bitcoin ETFs had net inflows of $15.1 billion. If his prediction is correct, similar Ethereum funds could see inflows of between $3 billion and $7.5 billion. This is largely consistent with Bitwise Chief Investment Officer Matt Hougan's prediction that the U.S. spot ETH ETF could attract $15 billion worth of net inflows in the first 18 months after its launch. Yu added: "We believe that the launch of the spot Ethereum ETF will have a large positive impact on the market adoption of Ethereum and the broader cryptocurrency market." He noted that the ETF will help legitimize ETH in the eyes of institutional investors, policymakers and regulators. He said demand is likely to be driven by independent investment advisors and broker-dealer platforms.