Bernstein: Spot Ethereum ETF approval will drive its price to $6,600
2024-05-22 13:57:26
Analysts at research firm Bernstein estimate that the approval of a spot Ethereum ETF will propel Ethereum up 75% to $6,600. The SEC's approval of a similar bitcoin product in January spurred a 75% rise in bitcoin prices in the following weeks, and ETH is expected to follow suit.
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