Ethereum exchange-traded funds (ETFs) are expected to attract up to $10 billion in new inflows after their launch, according to Tom Dunleavy of crypto investment firm MV Global. This could send Ether (ETH) prices to record highs by the end of the year. Eight ETH ETFs are currently awaiting approval from US regulators and could begin trading as early as this month. Dunleavy predicts that ETH ETFs could attract around $1 billion per month, and due to ETH being less available on exchanges, its spot price could be more responsive to buying demand from ETFs than Bitcoin's.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
ETH
2,438.28
-0.79%
668
0
Replies 0
Explore the latest crypto news
โก๏ธ Be a part of the latests discussions in crypto