A financial instrument called Ethereum ETF is available on traditional stock exchanges. This product is designed to allow investors to purchase and trade shares by tracking Ethereum price fluctuations.

In January 2024, 11 new Bitcoin ETFs went into effect. There are preferences that by May 2024, one of two decisions may be made - either approval of an Ethereum ETF or rejection.

In the last quarter of 2024, Ethereum's historical peak of $4,800 could be surpassed. The price of the altcoin is predicted to reach $5,000 by the end of the year, with price fluctuations ranging from $4,000 to $6,000. ERC-20 tokens will also have the opportunity to grow with increased volatility in the market.

A number of Ethereum-related ETF applications are expected to be approved this year, but the exact approval date may not be known due to regulatory plans. News-based selling will not have a significant impact as the market atmosphere will change. The impact of ETFs on investors will manifest itself sooner or later this year.

There is a possibility that Ethereum ETFs will play a key role in the next bull market cycle between 2024 and 2025.

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