Bitwise Report: Spot Ethereum ETF Can Push ETH Price Over $5k

Bitwise anticipates a rally in Ethereum prices with the launch of the U.S.-based spot Ether ETFs next week. The introduction is set to push Ethereum to new levels and possibly even above $5,000. Volatility might be observed initially as funds will be redirected from the $11 billion Grayscale Ethereum Trust, which is converting to the …

Source: CryptoNewsZ