According to research analysts Vetle Lunde and David Zimmerman from K33 Research, the introduction of these ETFs is expected to have a major influence on the price of Ethereum. The analysts view the ETFs as a valuable opportunity for ETH, predicting that the inflow of funds from these financial products will contribute to the growth of Ethereum’s value. On the other hand, Bitcoin is projected to experience selling pressure as a result of the repayment of $8.5 billion worth of BTC to Mt. Gox exchange creditors. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
