Galaxy Report: The scale of funds flowing into Ethereum ETFs in the five months before listing could reach 20% of the inflow to Bitcoin ETFs

In a report on Wednesday, Charles Yu, Vice President of Research at Galaxy, stated that in the first five months of trading, the inflow of ETH ETF funds could conservatively reach 20% of Bitcoin ETF fund inflows.

Yu said that from its launch to June 15th, the net inflow into Bitcoin ETFs reached $15.1 billion. If his prediction is correct, similar Ethereum ETFs could see an influx between $3 billion and $7.5 billion. This aligns with Bitwise Chief Investment Officer Matt Hougan's forecast that U.S spot ETH ETF may attract a net inflow worth $15 billion within the first 18 months after its launch.

In his report, Yu wrote: "The Bitcoin ETF has been launched for less than six months and can serve as a useful basis for gauging the popularity of Ethereum ETF." He specifically pointed out that Bitcoin's price rise this year was "partly due to" the Bitcoin ETF.