Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.
![Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst](https://www.coindesk.com/resizer/ECzcuOAsS7asqc21gmW_u358Mbw=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CEH6Z37AC5CLVPE4FOR46QFJDQ.jpeg?#)
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.
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