Ethereum price will reach $6,600 after immediate approval of ETFs
According to Bernstein analysts Gautam Chugani and Mahika Sapra, $ETH is set to jump to $6,600 following the expected approval of a spot ETF.
These analysts expect a 75% rise, reflecting the rise in Bitcoin prices after the SEC approved a similar product in January. Read also: SEC leaning towards approving ETFs in the Ethereum spot market