The passage of an Ethereum ETF could significantly increase market demand, drive prices higher, and increase Ethereum’s legitimacy and trust in mainstream financial markets.
At the same time, it will also enhance market liquidity and may drive the rise of the entire cryptocurrency market.
However, we also need to be wary of the bubble risk caused by overheating the market.
Overall, the adoption of the Ethereum ETF is an important milestone and marks further integration of the cryptocurrency market into the mainstream financial market.