Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini

Gemini says it expects spot ether ETFs to see up to $5 billion of net inflows in the first six months of trading.

If the ether/bitcoin ratio were to return to the median of the last three years it could rally almost 20%.exchange-traded funds , once cleared for trading in the U.S., could see net inflows of as much as $5 billion in the first six months, crypto exchange Gemini said in a Monday research report. Gemini noted that ether’s market value relative to bitcoin remains close to multiyear lows, and the inflows could improve ether's relative standing.

If the ether/bitcoin ratio were to return to the median value of the past three years, it could rally almost 20% to 0.067, the report noted, adding that a return to the maximum of 0.087 would represent a 55% rally.

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