“Some investors may have bought a bitcoin ETP and stopped there, thinking their crypto exposure was covered,” the report said, adding that this dynamic may be true in the U.S. also. Assuming ether ETFs only capture 22% of the market, as in Canada, cuts the estimate of net new inflows to $18 billion, and other factors chop off another $3 billion.
Ether (ETH) Spot Exchange-Traded Funds (ETFs) to Attract $15B of Net Inflows in First 18 Months: Bitwise
