Steno Research: Ethereum is expected to reach $6,500 later this year

Steno Research predicts that the net inflow of funds for the first 12 months of Ethereum spot ETFs will reach $15 billion to $20 billion. The report states that due to strong ETF inflows and other positive factors, Ethereum is expected to reach $6,500 later this year. In addition, Galaxy Research estimates that the net inflow amount of spot Ethereum ETFs for the first five months will reach $5 billion, while Bitwise predicts that the inflow amount for the first 18 months will reach $15 billion.