Bitwise: Ethereum spot ETF inflows will push ETH above $5,000
Bitwise has announced that a spot Ethereum ETF is expected to launch in the United States next week, which will push the price of ETH to a historical high of over $5,000. Chief Investment Officer Matt Hougan wrote in a report on Tuesday that due to the outflow of funds from the $11 billion Grayscale Ethereum Trust (ETHE) after its conversion to an ETF, this may not happen immediately and the price trend may begin to fluctuate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing LLYUSDT,MAUSDT,UNHUSDT STOCK Index perpetual futures
Announcement on Bitget listing CSCOUSDT, PEPUSDT, ACNUSDT STOCK Index perpetual futures
Stock Futures Rush: Trade popular stock futures and share $250,000 in equivalent TSLA tokenized shares. Each user can get up to $8,000 TSLA.
CandyBomb x RVV: Trade to share 25,800,000 RVV!
Trending news
MoreCrypto prices
More
