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