Survey Finds US Investors Interested in Ethereum ETFs

A survey by Grayscale and The Harris Poll shows that the U.S. Securities and Exchange Commission’s (SEC) approval of Ethereum (ETH) exchange-traded funds (ETFs) will likely lead to an increase in U.S. investment in the digital asset.

While the long-term effectiveness of these ETFs is uncertain, the survey suggests that their introduction will significantly accelerate the development of the cryptocurrency market and its mass adoption.

Ethereum ETF Will Drive Adoption

The survey shows that nearly one in four likely voters would consider investing in Ethereum if an ETF-based product were approved. This approval would increase their interest in Ethereum and other crypto assets beyond Bitcoin.

US Investor Interest in Ethereum ETF. Source: Grayscale

Grayscale’s results support analysts’ predictions about the potential success of the Ethereum ETF. Quinn Thompson, founder of Leker Capital, cited Neil Osborne as saying that the ETH ETF is a bridge for traditional investors who don’t have access to blockchain and cryptocurrencies beyond digital gold.

“By investing in Ethereum, you get access to stablecoins/payments, tokenization, DeFi, digital art/NFTs, infrastructure/staking/layer 2 scaling. All of these new technologies are built on Ethereum and pay fees for their use and activity, which accrues as revenue for the ETH network and token,” Quinn explained.

This prospect has many market experts expecting significant investment inflows once trading begins. Charles Yu, vice president of research at Galaxy Digital, estimates that ETH ETFs could attract up to $1 billion in monthly inflows within the first five months. Similarly, Bitwise CIO Matthew Hougan predicted $15 billion in inflows within the first 18 months.

Despite the potential for great success, 25% of Grayscale respondents said that the approval of the ETF would not affect their investment interest. The survey also found that a significant portion of the population remains unfamiliar with the Ethereum spot ETF. It shows that about 43% of U.S. voters were unaware of it.

Ethereum ETF Review. Source: Grayscale

Meanwhile, a poll shows that cryptocurrency is becoming an increasingly important topic for American voters. According to the poll, a third of potential American voters have become more open to cryptocurrency since the beginning of this year, and 47% of them believe that cryptocurrency will eventually end up in their investment portfolios.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة