Analysts: It is expected that Ethereum ETFs will attract $15 billion in inflows within the first 18 months

ChainCatcher news, according to DLNews, currently, nine applicants are waiting for approval from the U.S. Securities and Exchange Commission (SEC), and the Ethereum spot ETF is expected to launch shortly after the Independence Day holiday. OKX Chief Business Officer Lennix Lai stated that investors will invest up to $500 million in these funds in the first week. Although the assets under management (AUM) of the Ethereum ETF may not match that of the Bitcoin ETF, its trading volume is expected to reach similar levels. Lai also noted that the launch of the new funds will trigger a new round of cryptocurrency market rallies.

CCData analyst Jacob Joseph predicts that these ETFs will attract $3.9 billion in inflows within the first 100 days of trading, while Bitwise Chief Investment Officer Matt Hougan expects $15 billion in inflows over the first 18 months.

In addition, experts believe that the price of Ethereum may rise due to 27% of Ethereum being locked, potentially leading to a supply-demand imbalance in the short term, making it an attractive option for institutional asset allocation. Lekker Capital founder Quinn Thompson predicts that the price of Ethereum could soar to $7,000. However, some analysts are cautious about the market outlook, believing that the demand from traditional financial institutions for Ethereum may not meet expectations.