Market analyst Alex Kuptsikevich of ChainCatcher forecasts that the approval and listing of the Ethereum ETF will likely trigger a significant influx of institutional capital into the market. Further sentiment among traders suggests that Ethereum could potentially witness over a 60% increase in the coming months. Over the past week, there has been a significant spike in demand for both Ethereum futures and spot purchases, reflecting growing market interest and optimism.
Crypto Analyst: Institutional Capital Likely to Surge Following Approval of Ethereum ETF
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