Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst
Submitted by Anonymous (not verified) on Fri, 06/28/2024 - 10:20The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S.
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S.
Over the past 30 days, Solana has solidified its position as a top contender in the blockcha
For fans of crypto, ETFs, or both, the potential spot ether ETF launch has carried on the excitement that began earlier this year with the spot bit

Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.
Investors are likely to allocate funds to ETFs in proportion to the relative market caps of bitcoin and ether, the report said.


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