According to the report, the potential approval of Ethereum exchange-traded funds (ETFs) in the US could greatly contribute to the increase in ETH’s price. Coinbase believes that the market may not fully comprehend the timing and probability of this approval. It is suggested by experts that even if these ETFs are initially rejected by the May 2024 deadline, subsequent legal actions could potentially overturn the decision, giving ETH investors another reason to be hopeful.
