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As we approach the launch of Ethereum ETFs on July 23rd, the investment landscape is poised for significant change. Here's what you need to know: 📍 Fee Structures: Most providers are waiving fees initially to attract assets. Grayscale, however, is taking a unique approach with its existing trust and a new, more competitive product. 📍 Market Estimates: Projections from major banks suggest average monthly inflows of around $1 billion. Standard Chartered Bank is particularly bullish with a $2 billion/month estimate, while JP Morgan is more conservative at $500 million/month. 📍 Global Trends: Data from Hong Kong and European markets provide valuable insights: - Hong Kong ETPs show a slight overweight towards Bitcoin compared to Ethereum (85:15 AUM ratio vs 75:25 market cap ratio). - European ETPs generally mirror the market cap ratios of major cryptocurrencies. - These trends could indicate potential allocation patterns for U.S. Ethereum ETFs. 📍 Existing Product Dynamics: Unlike its Bitcoin counterpart, the Ethereum trust has been trading close to par value for months, potentially reducing selling pressure at launch. 📍 Comparative Analysis: The ratio of Bitcoin to Ethereum in global ETPs tends to align with their relative market capitalizations, suggesting a possible benchmark for U.S. ETF allocations. These factors combined suggest a potentially smoother launch for Ethereum ETFs compared to their Bitcoin predecessors. (image source: ASXN.xyz)

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