Spot Bitcoin ETF eyes after approval SEC’s spot Ethereum ETFExpectations for ETH ETF approvals are increasing as it translates into possible approval for ETH ETFs.
At this point, experts evaluating the impact of Ethereum ETF approvals said that if spot ETFs are approved in the USA, they may increase institutional investment in Ethereum, but it is unlikely to create sudden and large price increases after approval.
However, even if there is no sudden and large price increase, Ethereum will also increase after the possible ETF approval. Bitcoin (BTC) And gold He stated that they expect it to enter a sustainable upward trend.
Speaking to Coindesk Bitfinex head of derivatives Jag KoonersCoinDesk tells CoinDesk of possible ETF approval ETH Evaluating its impact on the price, he said:
“Ethereum ETFs will not cause bubbles, that is, a sudden and sharp price increase followed by sudden declines.
Despite concerns about price, institutional investment through an ETF could stabilize the Ethereum market and drive sustainable growth in price, as seen with Bitcoin and gold ETFs.
In addition, Ethereum Layer-2 solutions increase scalability by enabling faster, cheaper transactions outside of the main blockchain, encouraging growth.
“Unlike Bitcoin’s security focus at this point, Ethereum’s L-2 solutions prioritize rapid expansion while potentially attracting institutional investment into Ethereum.”
Kooners finally, Ethereum’Pointing out that there is no clear decision yet on whether flour will be considered a security or a commodity by the SEC. “Ongoing regulatory debates regarding ETH remain a significant obstacle to ETH ETFs.” said.
*This is not investment advice.
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