According to the latest market data, the current trading price of ETH stands at approximately $3,400. Notably, an expert by the name of Kang has put forth a forecast suggesting that ETH may experience a decline to $2,400 subsequent to the introduction of Ethereum ETFs in the United States. This projected drop would signify a decrease of approximately 30% from its present value. Kang’s prediction is anchored in the observation that ETH has garnered comparatively less attention from institutional investors when juxtaposed with Bitcoin (BTC), thereby resulting in a lack of motivation to embrace spot Ethereum ETFs. For the most up-to-date news on finance and business, be sure to visit COINTURK FINANCE.
