Ethereum ETF Approval Expectation and Expected Effect Analysis Report [100x Cryptocurrency Investment Bitcoin/NFT/Airdrop]

Hello, this is SEPOWER!

With Bitcoin continuously declining, altcoins have long fallen into the depths, and the situation seems to be getting worse every day.

It's been 3 months since the halving, and considering that the price usually sees a 5-6 month downtrend after the halving in previous cycles, it seems we still need some more time.

The approval of Bitcoin ETFs has brought in a lot of funds. If a shortage of supply due to the halving leads to a price surge and even a bubble, this halving could be the biggest one ever!

In the short term, if you're an investor who understands the value of Bitcoin and isn't concerned about negative factors or price volatility, it might be a good idea to patiently wait until the end of the year.

It seems like we're at a point where we need the courage to recognize the value and invest when everyone else is saying no.

The altcoin situation isn't very good, so I'd like to introduce a report related to the Ethereum ETF approval, which could potentially turn the situation around!

Ethereum ETF Approval Expectation and Expected Effect Analysis Report [100x Cryptocurrency Investment Bitcoin/NFT/Airdrop]

Recently, news has surfaced that an Ethereum ETF could be approved soon. Let's take a look at a report from Galaxy Research related to this. We'll compare the market reaction to the Bitcoin ETF approval with the potential impact of an Ethereum ETF.

1) Background

For several months, observers and analysts were skeptical about the possibility of the U.S. Securities and Exchange Commission (SEC) approving a spot-based Ethereum exchange-traded product (ETP).

However, the situation has changed with the SEC's recent approval of an Ethereum ETF application. The Galaxy report forecasts demand for the Ethereum ETF based on the Bitcoin ETF.

On May 20, 2024, Bloomberg analysts increased the likelihood of the SEC approving an Ethereum ETF to 75%. Currently, nine issuers in the U.S. are competing to launch ten spot Ethereum ETFs. The SEC approved all 19b-4 applications on May 23, and Ethereum spot ETFs are expected to begin trading in July 2024.

2) Bitcoin ETF Inflow

Since its launch on January 11, 2024, the Bitcoin ETF has seen

approximately $15.1 billion in net inflows until June 15.

It is estimated that the Ethereum ETF will receive around 20-50% of the Bitcoin ETF's inflows during its initial five months. The target is 30%, which translates to $1 billion in net inflows per month.

3) Estimated Ethereum ETF Inflow

Similar to the Bitcoin ETF, the Ethereum ETF's primary investors will likely be institutional investors and those connected to investment advisors, banks, or brokers/dealers.

Approximately $5 billion in net inflows are expected during the initial five months, representing about 30% of the Bitcoin ETF's net inflows.

Furthermore, Ethereum has a large amount of locked-up supply through staking, bridges, and smart contracts, and a relatively small amount of supply held on centralized exchanges (CEXs). This is expected to further amplify the impact of ETF inflows.

4) Future Outlook

The launch of the Ethereum ETF is expected to have a positive impact on altcoins within the Ethereum and broader cryptocurrency market. ETFs provide wider accessibility for both institutional and retail investors, supporting various investment strategies that include Ethereum in their portfolios, leading to further capital inflows.

Considering the significant price surge that Bitcoin ETFs drove from the end of last year, we can anticipate a positive impact not only on Ethereum but also on the entire altcoin market.

Today, we've explored the potential changes following the Ethereum ETF approval.

It appears that capital inflows will continue, similar to Bitcoin. As cryptocurrencies gain mainstream acceptance, we can anticipate the potential for other coins to receive ETF approvals, making the future direction of the market quite exciting.

Cryptocurrency investors who are navigating this historical moment, I believe in your abilities and hope you can overcome these challenging times!

I hope the posts I write every day are helpful for your investment decisions.

I will continue to strive to find and share helpful content in the future.

Thank you for visiting today.

Sepower Community Contact ↓

세력 SEPOWER | Twitter | Linktree: Korea Investment Expert ( CRYPTO, STOCK, REAL ESTATE )

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Sepower Youtube Market Cycle Indicator Videos ↓

Hello, this is SEPOWER!

With Bitcoin continuously declining, altcoins have long fallen into the depths, and the situation seems to be getting worse every day.

It's been 3 months since the halving, and considering that the price usually sees a 5-6 month downtrend after the halving in previous cycles, it seems we still need some more time.

​

The approval of Bitcoin ETFs has brought in a lot of funds. If a shortage of supply due to the halving leads to a price surge and even a bubble, this halving could be the biggest one ever!

​

In the short term, if you're an investor who understands the value of Bitcoin and isn't concerned about negative factors or price volatility, it might be a good idea to patiently wait until the end of the year.

​

​

It seems like we're at a point where we need the courage to recognize the value and invest when everyone else is saying no.

​

The altcoin situation isn't very good, so I'd like to introduce a report related to the Ethereum ETF approval, which could potentially turn the situation around!

Recently, news has surfaced that an Ethereum ETF could be approved soon. Let's take a look at a report from Galaxy Research related to this. We'll compare the market reaction to the Bitcoin ETF approval with the potential impact of an Ethereum ETF.

1) Background

​

​

For several months, observers and analysts were skeptical about the possibility of the U.S. Securities and Exchange Commission (SEC) approving a spot-based Ethereum exchange-traded product (ETP).

​

However, the situation has changed with the SEC's recent approval of an Ethereum ETF application. The Galaxy report forecasts demand for the Ethereum ETF based on the Bitcoin ETF.

​

2) Bitcoin ETF Inflow

​

Since its launch on January 11, 2024, the Bitcoin ETF has seen

approximately $15.1 billion in net inflows until June 15.

​

It is estimated that the Ethereum ETF will receive around 20-50% of the Bitcoin ETF's inflows during its initial five months. The target is 30%, which translates to $1 billion in net inflows per month.

3) Estimated Ethereum ETF Inflow

​

Similar to the Bitcoin ETF, the Ethereum ETF's primary investors will likely be institutional investors and those connected to investment advisors, banks, or brokers/dealers.

​

Approximately $5 billion in net inflows are expected during the initial five months, representing about 30% of the Bitcoin ETF's net inflows.

​

Furthermore, Ethereum has a large amount of locked-up supply through staking, bridges, and smart contracts, and a relatively small amount of supply held on centralized exchanges (CEXs). This is expected to further amplify the impact of ETF inflows.

4) Future Outlook

​

​

Considering the significant price surge that Bitcoin ETFs drove from the end of last year, we can anticipate a positive impact not only on Ethereum but also on the entire altcoin market.

​

Today, we've explored the potential changes following the Ethereum ETF approval.

​

It appears that capital inflows will continue, similar to Bitcoin. As cryptocurrencies gain mainstream acceptance, we can anticipate the potential for other coins to receive ETF approvals, making the future direction of the market quite exciting.

​

Cryptocurrency investors who are navigating this historical moment, I believe in your abilities and hope you can overcome these challenging times!

​

​

I hope the posts I write every day are helpful for your investment decisions.

I will continue to strive to find and share helpful content in the future.

​

Thank you for visiting today.

Sepower Community Contact ↓

Sepower Youtube Market Cycle Indicator Videos ↓

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