K33 Research analyst: Ethereum ETF will attract $4 billion in net inflows within the first five months of its launch

ChainCatcher news, according to Bloomberg, the upcoming U.S. Ethereum (Ether) exchange-traded fund (ETF) may not be as popular as the Bitcoin (Bitcoin) ETF.

JPMorgan's strategists expect the Ethereum ETF to attract net inflows of $1 billion to $3 billion for the remainder of the year, which may only account for 20% of the Bitcoin ETF's assets. Some analysts, such as K33 Research's senior research analyst Vetle Lunde, predict that the Ethereum ETF will attract $4 billion in net inflows within the first five months of its launch and believe this will have a significant absorption effect on Ethereum supply, driving prices up.