Summary
- It was reported that there is an assertion that the Ethereum spot ETF could attract $10 billion in the second half of this year.
- Matt Hougan, Bitwise CIO, stated that traditional financial investors recognize that stablecoins and others are based on Ethereum.
- The Ethereum spot ETF raised $1.17 billion in June alone, and the capital inflow may accelerate even further in the second half.
There has been a claim that $10 billion could flow into the Ethereum (ETH) spot Exchange-Traded Fund (ETF) in the second half of this year.
On the 2nd (local time), Matt Hougan, Chief Investment Officer (CIO) of Bitwise, stated on X (formerly Twitter), "Inflow into the Ethereum spot ETF will be even stronger in the second half," adding, "Traditional financial investors understand that stablecoins and others operate based on Ethereum."
He continued, "The Ethereum spot ETF attracted $1.17 billion in June alone," and "(If this trend continues), $10 billion could be invested in the second half of the year."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
