Ethereum surged 12.65% in the past week, rising from $2,972 to a high of $3,375.
Nate Geraci from ETF Store predicts spot Ethereum ETF approval by the end of this week.
The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone.
Currently, Ethereum (ETH) is trading at $3,348, reflecting a 12.65% increase over the past week from the low of $2,972. This surge is partly driven by the expert’s expectations that the U.S. Securities and Exchange Commission (SEC) will greenlight eight-spot ETH ETFs by the end of this week. Industry experts, including Matt Hougan from Bitwise Asset Management, support Nate Geraci’s optimism. Hougan emphasized the minimal adjustments required in recent ETF filings, suggesting a high likelihood of approval.
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We współpracy z: https://thenewscrypto.com/ethereum-hits-3-3k-with-etf-approval-expected-this-week/
