Depends On ETH ETF Approval, Will It Go parablic Like BTC

22 พ.ค.

In terms of an ETH ETF approval, the simple math from the dates of BTC ETF approval and how it performed. The BTC ETF was approved on January 10th, and It could be asserted that in the 63 days following the BTC spot ETF approval it rallied nearly 75% to the upside towards $73,500. Similarly, as per the hypothesis, if the ETH ETF gets approved by SEC, and on applying the similar possible scenario, if this playbook repeats the same percentage upside that bitcoin exhibited, after its approval this would take ethereum to a price at $6,446 in 63 days time.