https://cryptoslate.com/ethereum-price-approaches-3k-amidst-spot-etf-anticipation-dencun-upgradeAnalysts of Bernstein believes a spot ETH ETF is a near certainty within one year.
The price of Ethereum (ETH) approached $3,000 on February.19 amidst anticipation concerning development that are expected to occur in the coming months. The Ethereum is ranked #2 (no: 2) by market cap and the price is up to 2.69% over the past 24 hours. Ethereum has a market capitalization of $356.82 billion with a 24 hours trading volume of 15.44 billion dollars.
Analysts at the company predicted a 50% chance that a spot Ethereum ETF will be approved by MAY and a near-certain chance that such a fund will be approved within one year. This is a very good increase in the crypto world as another trading market will be approved soon and the awaited miners of this Ethereum will finally benefit from another crypto currency, especially now that dollar has a very high value in the trading market.
- Yeah but did not managed to stay because up to now maintaining the below 30k value which means this may go down any further any time from now.
wait Spot ETF for Ethereum to be approved in May? so this will take effect soon after halving?
this will be a big load of expectation from the whole crypto community not only for Ethereum and Bitcoin but the whole.
- Also since there are lots of coins interconnected to Ethereum then they will surely benefits from these coming event?
wondering how much we can expect from Eth and all connecting projects.