TechFlow reports, citing The Block, that Bitwise Chief Investment Officer Matt Hougan predicts U.S. spot Ethereum ETFs will attract $15 billion in net inflows within the first 18 months of launch. Hougan reached this conclusion by analyzing relative market capitalization, international ETP data, and the role of arbitrage trading.
The U.S. SEC has approved spot Ethereum ETF applications from eight firms, including Bitwise, BlackRock, and Fidelity. These ETFs are expected to begin trading in the coming weeks. Hougan noted that while spot Ethereum ETFs may lack the arbitrage dynamics seen with spot Bitcoin ETFs, they will still have a significant impact on the Ethereum market.
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