Ethereum ETF to Raise $15 Billion, Аccording to Bitwise Director

Bitwise Chief Operating Officer Matt Hougan predicts that spot exchange traded funds (ETFs) for Ethereum will report net inflows of $15 billion in the first 18 months of trading.

Hougan shared this forecast on June 26, based on Ethereum ‘s market capitalization compared to Bitcoin and data from international ETP markets.

Hougan’s forecast stems from analyzing ETH’s market capitalization relative to BTC. At the time of writing, Bitcoin’s market capitalization is $1.21 trillion, while that of Ethereum stands at $414 billion, implying a proportional investment allocation of about 74% for Bitcoin ETFs and 26% for Ethereum ETFs.

Based on this proportionality, he expects assets under management (AUM) of U.S. spot BTC ETFs to increase to at least $100 billion by the end of 2025 as these products mature and gain acceptance at platforms such as Morgan Stanley.

International ETP market

Hougan also looks at data from the European and Canadian ETP markets for Bitcoin and Ethereum. In Europe, ETPs for Bitcoin hold 78% of the market and ETPs for Ethereum hold 22%.

Similarly, in Canada, BTC ETPs hold 77% and ETH ETPs hold 23%. These ratios are roughly in line with the relative market capitalization of Bitcoin and Ethereum, reflecting the normal distribution of demand among ETP investors.

Alexander Stefanov