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Citi: Ethereum spot ETF net inflows in the first six months may reach $5.4 billion

Citi: Ethereum spot ETF net inflows in the first six months may reach $5.4 billion

Cointime2024/07/16 09:55
By: Cointime
BTC-1.66%ETH-2.18%

Citigroup (C) stated in a research report last week that the net inflow of American spot ETH ETF may only be 30%-35% of spot Bitcoin, and it is biased towards the downside. The report stated that this level means that net inflows will reach 4.7 billion to 5.4 billion US dollars within six months. In addition, the bank stated that the inflow of funds and the beta value of Ether returns relative to such funds may be lower than the analytical results.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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