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Wealth Building with AI Driven Marketing ✌️【Recruitment Platform】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!Spot ether (ETH) exchange-traded funds (ETFs), 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.The flows, when combined with the current Grayscale Ethereum Trust (ETHE) assets under management (AUM) give a total AUM for spot ETH ETFs in the U.S.
Wealth Building with AI Driven Marketing ✌️【Recruitment Platform】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!Of $13 billion-$15 billion in the first six months, the report said.Gemini noted that ether’s market value relative to bitcoin remains close to multiyear lows, and the inflows could improve ether's relative standing.“Given the AUM comparable in international ETF markets, robust on-chain dynamics, and differentiating factors such as a thriving stablecoin environment, there is favorable risk-reward of an ETH catch-up trade in the months to come,” Gemini said.Ether spot ETFs are expected tobegin tradingin the U.S.
in the coming months after the Securities and Exchange Commission (SEC) approved initial filings from issuers in May.
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