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CryptoIntelligence 2024-07-15 18:10:21

Ether Surges to $3,300 Amid Anticipation of Spot ETH ETFs Launch

Ether Surges to $3,300 Amid Anticipation of Spot ETH ETFs Launch

The price of Ether has surged past $3,300, driven by the anticipation that spot ETH exchange-traded funds (ETFs) might launch by the end of this week. Ether is currently trading at $3,331, marking a 16% increase from $2,909 over the past week, according to TradingView data. Nate Geraci, ETF analyst and president of The ETF Store, predicted on X that eight spot ETH ETFs would be launched by the week’s end. He posted on July 14, “Welcome to spot ETH ETF approval week. “Don’t know anything specific, just can’t come up [with] good reason for any further delay at this

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