Ether ETFs Poised for Major Growth Amid SEC Approval and Market Hype
TL;DR Summary
The bitcoin and ether ETF markets are projected to grow to $450 billion, with expected inflows of over $100 billion in the next two years, according to Bernstein. The approval of an ether spot ETF by the U.S. SEC has positive implications for other tokens like solana. Bernstein predicts a bitcoin cycle high of $150,000 in 2025 and a year-end price target of $90,000. Ether's classification as a commodity and its approval as a spot ETF set a precedent for other blockchain tokens.
- Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein CoinDesk
- Crypto Traders Bet on Ether (ETH) Record, Volatility Spike on ETF Hype Bloomberg
- What Does The ETH ETF Mean For Crypto? Forbes
- SEC embrace of ether ETFs highlights cryptocurrency's shifting political fortunes CNBC
- Ether ETF approved, Live Nation antitrust suit: Morning Brief Yahoo Finance
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