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Home ยป Analysts Forecast Ethereum to Outperform Bitcoin Following Launch of Spot ETF
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Analysts Forecast Ethereum to Outperform Bitcoin Following Launch of Spot ETF

By adminJul. 3, 2024No Comments1 Min Read
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Analysts Forecast Ethereum to Outperform Bitcoin Following Launch of Spot ETF
Analysts Forecast Ethereum to Outperform Bitcoin Following Launch of Spot ETF
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Research analysts Vetle Lunde and David Zimmerman have highlighted the profound influence that these ETFs will exert on Ethereum’s price. They characterize these ETFs as a veritable “golden egg” for ETH, predicting that the influx of capital from these financial instruments will drive up Ethereum’s valuation. Conversely, Bitcoin is anticipated to encounter downward pressure as a result of the return of $8.5 billion in BTC to creditors of the now-defunct Mt. Gox exchange. For the latest updates on financial and business news, visit COINTURK FINANCE.

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