Crypto entrepreneur Andrew Kang stated that the impact of Ethereum ETFs on the market will be less pronounced compared to Bitcoin ETFs. 😮 Kang estimates that Ethereum ETF flows will only account for 10-15% of Bitcoin ETF flows, leading to net purchases of approximately $500 million to $1.5 billion in six months. However, he noted that there is less institutional interest because Ethereum is viewed more as a technology asset and current valuation metrics make it difficult to justify to traditional financial allocators. Kang added that Ethereum's position before the ETF launch was different from Bitcoin, with the asset already up 4x from its lows, while BTC was up 2.75x before the ETF launches. Therefore, Kang expects ETH to trade between $3,000 and $3,800 before the ETF launch, but fall to between $2,400 and $3,000 after the launch. 😲 However, he predicted that if BTC rises to $100,000 by the end of this year or early next year, it could also attract Ethereum and altcoins. What do you think the price of ETH will be? We are waiting your comments! 😄👇