Following the approval of Ethereum ETFs by the SEC (US Securities and Exchange Commission), the expectation is that trading in these financial products will begin soon. Investors are now evaluating the impact of this development on the price of ETH, projecting a possible significant appreciation.
According to Rachel Lin, CEO of SynFutures, Ethereum could reach a value between US$15,000 and US$22,500 this cycle, representing an increase of 290% to 485% compared to the current price of US$3850.