Spot Ether ETFs Expected to Bring $5B to $10B in Inflows, Boosting Liquidity and Causing Price Volatility, Says Kaiko – Crypto News – Crypto News
Connect with us

De-fi

Spot Ether ETFs Expected to Bring $5B to $10B in Inflows, Boosting Liquidity and Causing Price Volatility, Says Kaiko – Crypto News

Published

1 year ago

on

The anticipated launch of Spot Ether ETFs is expected to bring significant capital inflows into the Ethereum market, with predictions ranging from $5 billion to $10 billion

The anticipated launch of Spot Ether ETFs is expected to bring significant capital inflows into the Ethereum market, with predictions ranging from $5 billion to $10 billion.

Binance CEO Richard Teng stated that while these ETFs may not trigger an immediate surge in market activity, they are likely to attract institutional investors looking for long-term gains. This steady influx of capital is expected to enhance Ethereum’s liquidity.

Additionally, analysts from Kaiko have indicated that Ethereum’s price will be highly sensitive to these ETF inflows in the coming days, contrasting with the lower inflows predicted for spot Bitcoin ETFs.

Kaiko’s Will Cai noted that despite a lackluster response to Ethereum futures ETFs last year, there is heightened anticipation surrounding the upcoming spot ETFs, which may lead to increased volatility in ETH’s price.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending