📢 Ethereum ETF 🚀💰 would drive the rise of altcoins 📈
Next week, Ethereum spot ETFs will hit US exchanges, which could benefit not only ETH but other altcoins as well. Darius Tabai, CEO of Vertex Protocol, estimates that we could see gains of over 25%. The approval of these ETFs reduces the supply of ETH in the market, raising its price. 📊 Furthermore, the SEC's recent regulatory clarification regarding ETH has eliminated uncertainties, boosting confidence in the market. 🏦 The ETFs are expected to begin trading on July 23, with BlackRock introducing a 0.25% fee. Analysts such as Michaël van de Poppe anticipate a recovery in the altcoin market, noting that many projects could benefit significantly. 🚀