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Ethereum Price Forecast: ETH jumps 8% as Bitwise executive predicts enormous inflows into ETFs
Ethereum (ETH) is up 8% on Wednesday following predictions from Bitwise CIO Matt Hougan that exchange-traded funds (ETFs) tracking the top altcoin could draw in $10 billion worth of inflows in the second half of the year. Ethereum ETFs could attract $10 billion in inflows in the second half of the year as the tokenization and stablecoin narrative gains momentum, according to Bitwise CIO Matt Hougan. "Flows into Ethereum ETFs are going to accelerate significantly in H2. The combination of stablecoins & stocks moving over Ethereum is an easy-to-grasp narrative for traditional investors," wrote Hougan in an X post on ... (full story)
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