CoinOtag 2024-06-24 15:34:19

Ethereum Faces Downward Pressure with Spot ETH ETFs and Investor Skepticism

Spot Ether ETFs may significantly impact Ethereum’s price, potentially driving it down to $2,400. Ethereum’s weaker institutional interest compared to Bitcoin influences ETF conversion rates and investor sentiment. Analysts speculate that a modest flow of funds into ETH ETFs, compared to BTC ETFs, could further pressure Ethereum’s value. Explore the potential implications of spot Ether

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