Ether remains undervalued relative to bitcoin, and strong inflows into the ETFs could trigger a reversal, the report said.
If the ether/bitcoin ratio were to return to the median of the last three years it could rally almost 20%.
Spot ether (ETH) exchange-traded funds (ETFs), once cleared for trading in the U.S., could see net inflows of as much as $5 billion in the first six months, crypto exchange Gemini said in a Monday research report.
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