Ethereum Price Could Rise Soon with ETF Launch in Two Weeks

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The price of Ethereum (ETH) dropped by another 3.72% on Sunday, June 23, due to a general market correction. Despite this drop, it might be a good time to buy ETH at a low price, as its value could soon go up. This is because spot Ethereum ETFs are expected to start in just two weeks.

Last Friday, about 8 companies submitted amendments to the U.S. Securities and Exchange Commission (SEC) to prepare for the launch of these ETFs by the end of the first week of July.

Nate Geraci, President of the ETH Store, believes the next two weeks are critical for the crypto market. He highlighted that the approval of the spot Ethereum ETF could have significant implications and potentially boost the crypto’s value.

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