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.