**Market Update**: The SEC has delayed the launch of Ethereum ETFs, initially approved on May 23, 2024, pending corrections in S-1 forms. Analysts like Eric Balchunas predict these ETFs could be listed by early July. If approved, Ethereum ETFs might attract significant capital, potentially driving ETH prices up to $6000. However, the SEC's cautious stance on digital asset volatility and regulatory scrutiny remains a critical factor.

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