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**Gemini Forecasts Up to $5 Billion Inflows for Ethereum Spot ETFs in Initial Six Months**
As July kicks off, Ethereum enters a pivotal phase with the anticipated approval and launch of spot Ethereum ETFs on July 4th. Analysts are split on the potential outcomes of ETH ETFs, with some predicting disappointment while others foresee a bullish trend for ETH and the wider cryptocurrency landscape.
Amidst this backdrop, Gemini has made a significant projection. The platform expects net inflows of up to $5 billion into spot Ethereum ETFs within the first half-year. Gemini analysts highlighted that Ethereum’s market value relative to Bitcoin has dipped to its lowest in recent times. They suggested that robust inflows into spot ETH ETFs could counterbalance this decline, potentially leading to price increases.
Gemini elaborated, stating, “Given factors such as comparable AUM in global ETF markets, strong on-chain activities, and an evolving stablecoin environment, a bullish trend for ETH could unfold in the coming months.” They also noted that if the Ethereum/Bitcoin ratio reverts to its average over the past three years, there could be a near 20% rise. Should it return to its maximum of 0.087, this increase could soar to 55%.
Comparing these projections to Bitcoin’s ETF performance, where $15 billion flowed in during the first half of the year, Gemini emphasized that net inflows below $3 billion for Ethereum would be disappointing. Conversely, they suggested that inflows exceeding $5 billion, representing a third of Bitcoin ETF inflows, would serve as a robust indicator for ETH and the broader market. They highlighted, “If BTC ETF inflows reach around 50%, nearing $7.5 billion, it would present a substantial upside potential for ETH—a surprising turn.”
*Note: This article does not constitute investment advice.*
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