Post
Topic
Board Altcoin Discussion
Re: A few ETFs are launching soon, what can we expect?
by
Altcoiner007
on 21/07/2024, 18:13:53 UTC
Eight new Ethereum ETFs are launching on soon, allowing investors to buy Ether like stocks without needing a crypto wallet. These ETFs aim to diversify crypto investments beyond Bitcoin and are expected to attract institutional and retail investors, potentially boosting Ether's price and the broader crypto market.

Just like the BTC ETF that have been previously approved, this is a call for celebration as it edges the world closer to global adoption of cryptocurrency and pretty much most big
players in cryptocurrency should celebrate this.

What do you guys think the ETH ETF will bring? Let me know


One word. It'll be bullish, not instantly though, it took a while for us to start seeing the effects of Bitcoin etfs, I think it'll be the same. If you've got time, you can look at this >>eth ETF trade bonus. Probably an opportunity to stock up on your eth bags

I've read speculations that the motivation behind the SEC’s decision is that crypto policy has become an election issue since Trump adopted a pro-crypto stance, which of course we heard Trump clearly declaring his stance for crypto invest investment. ETH ETF is likely to drive an increased demand for Ethereum. Imagine the Standard Chartered's target is higher, predicting ETH could reach $8,000 by the end of this year and $14,000 by 2025. Such bold predictions are what I like. Some CEX like Bitget are already offering events that reward users in ETH. Talking about the likes of Trade to share 7 ETH, and a signup bonus reward in ETH. A couple of other events in this space to drive an increased demand for Ethereum. Meanwhile many are not aware that there's no staking reward for holding ETF.