According to ChainCatcher, Vivek Raman, managing director of BitOoda Crypto Investment Bank and former Wall Street bond trader, said that the launch of the Ethereum ETF will solve most of the risks associated with Ethereum, so the second half of 2024 may be the most bullish period for Ethereum.

Vivek Raman believes that retail investors only want to invest passively, and institutions only want to invest after the regulation is clear. The ETH ETF will release new capital inflows from both in one fell swoop.