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Bernstein: Approval of a Spot Ethereum ETF Will Push Its Price to $6,600

Bernstein: Approval of a Spot Ethereum ETF Will Push Its Price to $6,600

CointimeCointime2024/05/22 14:07
By:Cointime

Bernstein analysts estimate that the approval of a spot Ethereum ETF will push Ethereum up 75% to $6,600. The SEC approved a similar Bitcoin product in January, which stimulated a 75% increase in Bitcoin prices over the following weeks, and it is expected that the price trend of ETH will be similar.

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