Ethereum Price Is Around $2600 after BTC ETF Approval, Will Spot ETH ETF Come Next?
Coinspeaker
Ethereum Price Is Around $2600 after BTC ETF Approval, Will Spot ETH ETF Come Next?
Ethereum (ETH) is believed to be one of the major beneficiaries of the US SEC’s decision to approve the trading of spot Bitcoin exchange-traded funds (ETFs).
After the official announcement of the spot BTC ETF approval, ETH price has managed to achieve the level of $2600. At the time of writing Ethereum is changing hands at $2625 which indicates an 8% increase within the last 24 hours.
Now the crypto community is actively discussing the possibility to see the spot ETH ETF applications from VanEck, ARK Invest, and Hashdex approved in May 2024.
More details will be added soon.
Ethereum Price Is Around $2600 after BTC ETF Approval, Will Spot ETH ETF Come Next?