Ethereum funds will collect $ 10 billion in the coming months, BitWise CIO expects

Whereas Bitcoin (BTC) is now firmly embedded on Wall Street, Ethereum (ETH) takes it a bit easier. Yet the listed funds for the largest Altcoin seem to be slowly getting up. According to Bitwise-Cio Matt Hougan, we can even expect a big ” acceleration ” in the coming six months.

10x as much inflow

Last summer, nine Ethereum Spot Exchange-Traded Funds (ETFs) were listed at the same time on the US stock exchanges. We are now almost a year further and the total net inflow is more than 4.2 billion dollars, according to data from Farside Investors.

Last year the funds were laughed at a few good weeks. This year things are going a lot better and now they are really starting to get the taste. In June they raised $ 1.17 billion.

According to Hougan, the Chief Investment Officer at Crypto asset manager Bitwise, investors will only be more loosened on the ETH products in the coming months. He expects a tidal wave of $ 10 billion in new capital for the coming six months.

“The combination of stablecoins and shares that are traded on Ethereum is an easy -to -understand story for traditional investors,” he writes on social media platform X.

The vast majority of the Stablecoin market runs on the Ethereum blockchain. These digital coins-often linked to Fiat such as the dollar-have become indispensable in the crypto trade, in Defi applications and are increasingly being used for (cross-border) payments.

Now that the United States is working on clear Stablecoin rules through the Genius Act, an explosion in adoption is expected. Large companies would already stand in line to get in. As the largest platform, Ethereum could greatly benefit from this.

Ethereum also plays the story about Tokenization. Investment platform This is how the well -known Robinhood investment platform announced this week that it will offer geken -based shares to European customers. In other words: shares packed as cryptotokens.

Those tokens are first traded on the Ethereum scaling network Arbitrum and later also on Robinhood’s own blockchain, which is built on arbitrum technology.

ETH climbs carefully from a deep valley

For years it has been about Bitcoin within the cryptomarket, but perhaps Ethereum can finally take over the baton.

In recent months, the Altcoin has taken some terrain back compared to Bitcoin, but still has a very long way to go to its all-time high. With the current price of $ 2,600, the ETH course still has to be up to 88 percent to tap the old record of almost $ 4,900.