Gemini Predicts $5 Billion Inflows for Ether Spot ETFs in First Six Months

Gemini, a cryptocurrency exchange, forecasts significant inflows into spot ether (ETH) exchange-traded funds (ETFs) in the US, with an estimated $5 billion in net inflows within the first six months of trading. This prediction is based on the observation that ether's market value relative to bitcoin remains near multiyear lows, suggesting a potential catch-up trade. If the ether/bitcoin ratio returns to its median value over the past three years, it could surge nearly 20%, reaching 0.067. Furthermore, Gemini highlights the thriving stablecoin environment and robust on-chain dynamics as contributing factors to the favorable risk-reward of an ETH catch-up trade. While inflows below $3 billion would be considered a disappointment, Gemini believes inflows exceeding $5 billion would signal a strong showing, with $7.5 billion representing a significant upside surprise.