Let's take a look at what predictions of the Ethereum price behavior due to the recent listing of spot ETH ETFs have been made by various institutions 👇
📈 The most bullish prediction was made by Geoffrey Kendrick (Standard Chartered Analyst):
"ETH ETF will bring in $15 billion to $45 billion in inflows in the first 12 months, with ETH rising to $8,000 by the end of 2024."
📉 And the most bearish prediction was made by Daniel Yan (Founder of Kryptanium Capital):
"ETH/BTC will likely decline rather than rise in the coming weeks, ETH/BTC will drop below 0.05 and stabilize between 0.0475 and 0.05."
🏀 Coin Post's audience, on the other hand, is bullish. 73% of those who voted believe that we will see Ethereum's price rise in the fall.