Cryptocurrencies

    Bitwise CIO forecasts $15 billion inflows for spot Ether ETPs

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    Bitwise Chief Investment Officer Matt Hougan has projected substantial interest in spot Ether-based exchange-traded products (ETPs), estimating they will attract $15 billion in net flows within their first 18 months of trading.

    This prediction is grounded in comparative market capitalisations between Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH), with Bitcoin ETPs expected to attract $100 billion by 2025.

    Hougan's analysis factors in data from European and Canadian markets where ether ETPs have already gained traction, indicating a potential $18 billion inflow in the U.S. despite adjustments for carry trade-related dynamics.

    He emphasises that these estimates are based on thorough data analysis rather than speculative guesswork.

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