BTC 102,675.00$ +1.89% ETH 2,290.06$ +11.92% USDT 1.00$ -0.01% XRP 2.34$ +4.19% BNB 634.08$ +2.12% SOL 169.43$ +5.83% USDC 1.00$ -0.01%
REGULATION
by
11 months ago

ETH might face supply shock in the first 5 months after Ethereum ETFs begin trading

2024-06-05

REGULATION
by
11 months ago

 



A crypto analytics firm, K33 Research, released a report that spot Ethereum could attract $4 billion of inflows in the first 5 months.

 

The sudden demand in Ether can create temporary supply shock and price jump in the first few months after spot Ethereum ETFs begin trading.

 

Spot bitcoin ETFs have attracted $14 billion of inflows so far and spot Ethereum ETFs will attract a substantial amount of value as well.

 

According to data from Coinbase 27% of Ethers are being staked. And there are 73% unstaked Ethers.

 

Recent News