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Citigroup: Net inflows into ETH Spot ETF in the first six months could reach as high as 5.4 billion US dollars
According to a report by Jinse Caijing, Citigroup © stated in a research report last week that the net inflow of the American SpotETH ETF may be only 30%-35% of SpotBTC’s, and it is biased towards downward distribution. The report stated that this level means that net inflows will reach 4.7 billion to 5.4 billion US dollars within six months. In addition, the bank stated that the inflow of funds and the beta value of Ether returns relative to such funds may be lower than the analytical results.