Despite increased regulatory uncertainty, the US Securities and Exchange Commission (SEC) approves all spot Ethereum ETF applications, which is driving investor hope about ETH’s price future.
Before the newly permitted index funds start trading, Arthur Cheong, Founder and CIO of DeFiance Capital, projects ETH could hit a yearly high of $4,500 over its mid-March peak of $4,096. But from the 2021 bull run, this estimate falls somewhat short of ETH’s all-time high of $4,878.
A WuBlockchain poll among the Chinese community also showed that 58% of respondents think ETH might reach $10,000 or above in current market cycle.The fact that the SEC approved Ether ETFs recently has raised hopes for more price increases.
In the seven days after the news, ETH had a 26% increase, its highest weekly advance since the 2021 crypto bull market. For speculators, particularly considering the performance of US spot Bitcoin ETFs, which have accumulated $59 billion in assets since their January introduction, this move is encouraging.
Ethereum ETFs and Staking Exclusion
Spot Ethereum ETFs, on the other hand, will not participate in staking—that is, token pledges to preserve the Ethereum network result in payouts. When contrasted to directly owning the tokens, this could reduce desire in these funds.
Before issuers like BlackRock and Fidelity Investments may introduce their products, further SEC clearances are required; the schedule for these releases is yet unknown. ETH is trading right now at $3,900, and has additional rises expected.
A Bloomberg story claims that analysts like Chris Weston, Head of Research at Pepperstone Group, see pullbacks in ETH as buying prospects, so the risk stays oriented upward. Particularly some traders are betting bullish options, indicating a possible advance to $5,000 or more.
Furthermore predicted to surpass Bitcoin’s volatility—as gauged by the T3 Ether Volatility Index— ETH suggests possible for more significant price fluctuations in the second-largest digital asset.
Future market insights—especially the open interest in Chicago Mercantile Exchange (CME) Ethereum futures—showcase institutional need for controlled cryptocurrency exposure. Though there is increasing public interest in CME Ether futures, it still far less than CME Bitcoin futures, implying rather less institutional exposure to Ether, which would influence first inflows into Ether ETFs.
Still, the market is closely observing ETH’s price performance as Ethereum ETFs create more investment paths generate positive attitude and optimistic forecasts among investors.
