The post Spot Ether ETFs Set to Launch, Expected to Increase Volatility appeared first on Coinpedia Fintech News
Spot ether exchange-traded funds are expected to start trading in the US this year, leading investors to brace for increased volatility in the price of ether compared to bitcoin.
Ether Volatility on the Rise
Since April, the 30-day implied volatility index for ether (ETH DVOL) has increased compared to bitcoin (BTC DVOL). This spread, now at 17%, suggests that investors expect larger price swings for ether.
Ether Price Movements
As of June 19. Ethereum is priced at $3,525.26. Over the last 30 days, it has increased by 15.5%, with a 7-day change of +0.8% and a 24-hour change of +3.2%. At the start of the year, Ethereum was around $2,350. It crossed $4,000 on 11th March but weakened afterward. However, it regained strength in late May, crossing $3,880 on 27th May. Recently, its price has been oscillating between $3,700 and $3,450.
Lessons from Bitcoin ETFs
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