Ethereum Spot ETFs Could Drive ETH Prices to New Highs

Posted on the 18 July 2024 by Techloot @tech_loot

A recent prediction has captured the attention of crypto market investors. Matt Hougan, the Chief Investment Officer at crypto asset manager Bitwise, has indicated that the introduction of Ethereum spot ETFs could have a significant impact on the market. According to Hougan, these new exchange-traded funds could drive Ethereum‘s price to surpass $5,000, although this may not happen immediately.

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