“Ether (ETH) could fall to $2,400 after the launch of the ETF, says Andrew Kang, founder and partner of Mechanism Capital. 📉 ETH is currently trading at $3,410. Kang notes that institutional interest in ETH is less than in BTC, and there is no incentive to convert in the ETF. He estimates that flows into the ETH ETF will be only 15% of the flows into the BTC ETF. At the same time, Van Eck is confident that the ETH ETF will help raise the price of ETH to $22,000 by 2030."