Bitwise CIO predicts that the Ethereum spot ETF will attract $15 billion in capital inflow

According to ChainCatcher news, The Block reported that Bitwise Chief Investment Officer Matt Hougan predicts that the U.S. Ethereum spot ETF will attract $15 billion in net inflows within the first 18 months of its launch. Hougan reached this conclusion by assessing relative market capitalization, international ETP data, and the role of arbitrage trading. The U.S. Securities and Exchange Commission has approved the Ethereum spot ETF applications of eight companies, including Bitwise, BlackRock, and Fidelity. These ETFs are expected to begin trading in the coming weeks. Hougan stated that although the Ethereum spot ETF may lack the arbitrage dynamics of the Bitcoin spot ETF, it will still have a significant impact on the Ethereum market.