Presently, the value of ETH stands at approximately $3,400. Kang anticipates a potential decrease in ETH’s value to as low as $2,400 after the introduction of spot Ethereum ETFs in the United States. This projection reflects a decrease of approximately 30% from its current value. The forecast is rooted in the observation that ETH has garnered less attention from institutional investors in comparison to Bitcoin (BTC), resulting in minimal motivation to explore spot Ethereum ETFs. Stay informed with the most recent financial and business updates by visiting COINTURK FINANCE.
