Citi: Ethereum spot ETF net inflows in the first six months were between $4.7 billion and $5.4 billion

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ODAILY
07-16
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Odaily Odaily News: Citi said in a research report last week that the net inflow of U.S. spot Ethereum ETFs may be only 30%-35% of the spot Bitcoin ETFs, and the distribution of funds tends to be downward. At this level, the report said, the scale of net inflows in the first six months was between 4.7 billion and 5.4 billion US dollars. In addition, the bank said that capital inflows and Ethereum's return rate relative to capital inflows may be lower than the analysis results. Analysts led by Alex Saunders wrote: "One reason is that while ETH may provide diversification benefits in the long run, this is not the case at present given its different and broader use cases." The bank pointed out that another reason why capital flows may be disappointing is the lack of staking. (CoinDesk)

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