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You are at:Home ยป Andrew Kang Issues Warning on Potential Drop in Ethereum Price as Spot ETFs Emerge
Ethereum

Andrew Kang Issues Warning on Potential Drop in Ethereum Price as Spot ETFs Emerge

By adminJun. 24, 2024No Comments1 Min Read
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Andrew Kang Issues Warning on Potential Drop in Ethereum Price as Spot ETFs Emerge
Andrew Kang Issues Warning on Potential Drop in Ethereum Price as Spot ETFs Emerge
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At present, the price of ETH hovers around $3,400. Kang anticipates a potential decrease to as low as $2,400 after the introduction of spot Ethereum ETFs in the United States. This equates to approximately a 30% decrease from its current value. The forecast is grounded on the observation that ETH has attracted less attention from institutional investors in comparison to Bitcoin (BTC), leading to limited motivation for engaging with spot Ethereum ETFs. For the most recent financial and business updates, visit COINTURK FINANCE.

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