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 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.
Bitget margin trading to support BGB cross margin trading and loans
Bitget margin trading to support BGB cross margin trading and loans
Trending news
MoreCrypto prices
More
