fourdown

ETF Math $BTC with $12B net inflow during the first 2 months has seen it's mcap increase by $500B, meaning there is a 42 multiplier. #Ethereum ETF will have: - Lower outflows from Grayscale (BTC AUM before ETF $30B vs ETH AUM now $10B). - Same inflows (said by Kanade, @vaneckpk). - Resulting in $21B net inflow in ETH vs $12B in BTC in the first 2 months. Assuming the same multiplier applies (which should be bigger given the lower mcap of eth), gives us a $880B increase in mcap. A new total mcap of $1.3t or $10.8k per $ETH. #Solana ETF: - Still no ETF on sight but once ETH ETF approved, it will be the next one. - More Google search interest than ETH. - Grayscale Trust very small ($60M = less outflows) and with 400% premium over spot. Assuming: 1) The same level of inflows of ETH (it's newer meaning more risky, but also has more activity and where the builders are) 2) Same multiplier (should be even bigger) New total mcap of $1t or $2,200 per $SOL.