Bitwise CEO Matt Hogan cited three reasons why Ethereum ETPs will drive ETH to new all-time highs in 2024.
1) ETH inflation rate.
2) ETH stakers do not sell with the same force as BTC miners do.
3) 28% of ETH is locked outside the market.
In general, everything is true, but it is extremely difficult to assess the impact of spot ETH ETFs, since they may not find their clients or the volumes will not even come close to the spot BTC ETFs.
