ETH Soars to $3,331, Up 16% in the Past Week! 🚀
- ETH spot ETF is expected to launch later this week, according to Nate Geraci from The ETF Store.
- Anonymous source confirmed to Cointelegraph that ETH spot funds will launch soon.
- VanEck and 21Shares have filed an amended application, awaiting SEC approval.
Analysts predict the ETF will be a major catalyst for ETH price in the coming months.
- Tom Dunleavy from MV Global predicts new inflows of up to $10 billion after the ETF launch, pushing ETH price to new highs by year-end.
- Dunleavy believes that ETH is easier to sell than BTC because it has cash flow and can be described as a technology stock.
What do you think about the future of ETH? Comment below! 💬