Spot Ether ETFs could drive the price of Ethereum down to $2,400. Institutional interest in Ethereum is lower than in Bitcoin, which affects ETF conversion rates. Like ether [ETH] is lagging behind Bitcoin in performance, its price is down 5.1% in the last 24 hours, bringing its current valuation to $3,315. This recent price drop … Read more
Ethereum’s recent retracement follows a significant price increase, with ETF approvals considered bullish. Market volatility and trading activity indicate a complex, potentially bullish future for Ethereum. Ethereum [ETH]a leading cryptocurrency and blockchain platform, has seen significant market activity in recent weeks. After a remarkable rally of around 31.5% in two weeks, which saw its value … Read more
Ethereum’s price is approaching $4,000, driven by optimism surrounding newly approved ETFs. Market analysts suggest that the potential for Ethereum could reach as high as $10,000 in the current cycle. In the wake of the US Securities and Exchange Commission (SEC) approving applications for Ethereum [ETH]-based Exchange Traded Funds (ETFs), the king of the altcoins, … Read more