Bitwise said that the spot Ethereum ETF is expected to launch in the United States next week, which will push the ETH price to an all-time high above $5,000.
Chief Investment Officer Matt Hougan wrote in a note on Tuesday that since the $11 billion grey release Ethereum Trust (ETHE) saw an outflow of funds after converting to an ETF, this may not happen immediately and price action could start to fluctuate.
Bitwise: Ethereum spot ETF inflows will push ETH past $5,000
2024-07-17 08:37:00
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