At present, the price of ETH hovers around $3,400. Kang anticipates a potential decline to $2,400 in the wake of the introduction of spot Ethereum ETFs in the United States. This would equate to a roughly 30% drop from its current value. The forecast is rooted in the observation that ETH has garnered less attention from institutional investors in comparison to Bitcoin (BTC), leading to a lack of motivation for individuals to invest in spot Ethereum ETFs. Stay informed with the most recent updates in finance and business by visiting COINTURK FINANCE.
