The forthcoming approval of spot Ethereum ETFs is creating anticipation for significant capital influx into the market, and this is having a profound impact on Arbitrum’s user engagement and overall market conditions. It is widely predicted that a substantial number of the 1.51 million ARB investors will maintain their positions, as they eagerly await the potential benefits that these inflows may bring. As a result, the selling pressure from current investors is expected to decrease, while the demand from new users is anticipated to rise. Consequently, there is a strong possibility that ARB’s price will surge towards the significant threshold of $1.50.
