Here’s The Predicted ETH Price Once ETFs Go Live

Bitwise Asset Management’s CIO, Matt Hougan, predicts Ethereum could exceed $5,000 following the launch of Ethereum ETFs.

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Feature News: Here’s The Predicted ETH Price Once ETFs Go Live

Bitwise Asset Management’s CIO, Matt Hougan, predicts Ethereum could exceed $5,000 following the launch of Ethereum ETFs.

What’s the significance: Hougan believes ETF inflows will create significant demand, driving Ethereum prices to new highs.

The numbers: Similar to Bitcoin’s price increase after its ETFs, Ethereum is expected to see substantial growth.

ETFs provide a way for investors to gain exposure to Ethereum through traditional brokerage accounts, increasing accessibility and demand.

What to look forward to: The launch of spot Ethereum ETFs on July 23 and the SEC’s approval process.

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This article is published on BitPinas: Here’s The Predicted ETH Price Once ETFs Go Live | Key Points | July 18, 2024

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