The imminent approval of spot Ethereum ETFs, which is anticipated to bring in substantial capital, is believed to be impacting Arbitrum’s user retention and market dynamics. It is predicted that a significant number of the 1.51 million ARB investors will choose to retain their assets, as they anticipate favorable results from these inflows. This reduced selling pressure from current investors, coupled with the growing demand from new users, has the potential to drive ARB’s price towards the significant threshold of $1.50.
