Demand for Leveraged ETH ETFs Has Increased 160% Since Trump’s Win – Will ETH Price Hit $4K?
Demand for leveraged Ether (ETH) ETFs has increased 160% since Donald Trump won the 2024 presidential election, indicating a recovery and positive expectations from investors. According to statistics, the VolatilityShares 2x Ether ETF now holds half of the ETH derivatives contracts on CME by Open Interest, indicating high interest and the ability to push ETH price to the psychological level of $4,000.
This could be related to the monetary policy adjustment as well as the regulatory environment that is expected to support the crypto market. With the increase in investment and trading activity, ETH price is likely to reach $4,000, especially when this trend occurs in the context of the global market looking for safe assets and growth potential. Increased demand for leveraged products may reflect investor optimism about the positive outlook from changes in the economic and regulatory environment brought about by Trump's victory.