Bitwise Chief Investment Officer Matt Hougan published an article titled "Why Ethereum ETP May Be More Successful Than You Think". Hougan stated that investors love technology, and Ethereum is one of the most exciting tech investments in the world. In last week's CIO memo, I predicted that by the end of 2025, Ethereum ETP will gather a net inflow of $15 billion. This would be a huge gain, making Ethereum ETP top on the list of most successful ETP issuances ever. However, it cannot achieve success comparable to Bitcoin ETP. Bitcoin ET was listed for less than six months and has already attracted a net inflow of $14 billion. I predict that by the end of 2025, as Bitcoin ETP gets approved by major platforms like Morgan Stanley and Merrill Lynch, this number will soar to over $50 billion. In terms of market value, Bitcoin is three times larger than Ethereum and more well-known; therefore it makes sense that Bitcoin ETP attracts three times more flow than Ethereum products.