Ethereum ETFs set to draw $15B? Bitwise exec makes bold new prediction

Ethereum ETFs expected to attract significant institutional investment, bolstering ETH’s market position.ETFs has reached a fever pitch, with many experts speculating about potential launch dates. Industry analysts are increasingly confident that ETFs could debut as soon as mid-July.

In a video with analyst Scott Melker, the CIO reveals that the observations from European and Canadian markets, where Ethereum consistently attracts substantial investment, reinforce his optimistic outlook for similar success in the U.S. market. One such dialogue with a $100+ billion advisory firm revealed a readiness to diversify into Ethereum upon the launch of an official ETF, highlighting the broader financial community’s growing comfort with cryptocurrency as a legitimate asset class.

He argues that, aside from brief periods of alignment due to extraordinary economic measures like those recently seen, cryptocurrencies generally operate independently of traditional markets.Ethereum’s struggle: Market downturn and surging liquidations

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