On June 4, K33 Research unveiled expectations for spot Ethereum Exchange Traded Funds (ETFs), projecting net inflows of $3.1 Billion to $4.8 Billion in the initial months. The report suggested that the spot Ethereum (ETH) ETF would mirror the behavior observed in a spot Bitcoin ETF. Analysts, including Vetle Lunde and David Zimmerman from K33, estimated around 1 million ETH coins to be absorbed by the ETF upon commencement of trading. At the current moment, ETH reflects a positive trend, standing at $3,815.75 with a market cap of $457,390,862,901.