Andrew Kang cautions of possible Ethereum price decrease due to Spot ETFs

At the moment, Ethereum (ETH) is priced at approximately $3,400. Kang anticipates a potential decrease in ETH value to as little as $2,400 after the introduction of spot Ethereum ETFs in the United States. This would represent a decrease of about 30% from its current price. Kang’s forecast is grounded on the observation that Ethereum has garnered less attention from institutional investors in contrast to Bitcoin (BTC), and there is minimal motivation to shift focus towards spot Ethereum ETFs. Stay updated on the most recent financial and commercial developments by visiting COINTURK FINANCE.