Captured By Tracy D'souza / 3:42 pm on 28 June 2024
Bitwise CIO Matt Hougan that spot Ether exchange-traded products (ETPs) could attract billions in investments. Hougan emphasizes that this is not a casual guess but a projection based on substantial market data and analysis. The introduction of spot Ether ETPs is expected to significantly boost liquidity and investment in Ethereum, mirroring the positive impact seen with Bitcoin ETPs. This optimism underscores the growing institutional interest in Ethereum, potentially driving substantial capital inflows and further establishing Ethereum's position in the crypto market.