Bernstein: Spot Ethereum ETF approval will push its price to $6,600
Golden Finance reported that analysts at research firm Bernstein estimated that the approval of the spot Ethereum ETF would push Ethereum to surge 75% to $6,600. The SEC approved a similar Bitcoin product in January, spurring a 75% rise in Bitcoin prices in the following weeks, and similar price action is expected for ETH.
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.
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