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Bitwise Chief Investment Officer: Inflow of Funds into Ethereum ETF in the Second Half of the Year Could Reach $10 Billion

Summary: According to reports, Bitwise's Chief Investment Officer Matt Hougan stated on X platform that the inflow of funds into Ethereum exchange-traded funds will significantly accelerate in the second half of the year. This is due to an increasing number of stablecoins and stocks beginning to trade on the Ethereum blockchain, making it a phenomenon easily ...

According to reports, Bitwise's Chief Investment Officer Matt Hougan stated on X platform that the inflow of funds into Ethereum exchange-traded funds will significantly accelerate in the second half of the year. This is due to an increasing number of stablecoins and stocks beginning to trade on the Ethereum blockchain, making it a phenomenon easily understood by traditional investors. In June of this year, the inflow of funds into Ethereum ETFs has already reached $1.17 billion. If this trend continues, the scale of inflow of funds into Ethereum ETFs in the second half of the year could reach $10 billion.

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Link: Bitwise Chief Investment Officer: Inflow of Funds into Ethereum ETF in the Second Half of the Year Could Reach $10 Billion [Copy]

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