While the ETF approval process could be delayed until 2025, it could be Ether’s most significant price catalyst.
The approval of the spot Ether exchange-traded funds (ETFs) in the United States could drive Ether’s price to $10,000.
While the United States Securities and Exchange Commission’s (SEC) ETF approval process may take months, the launch of the ETF could be a significant catalyst for the price of Ether (ETH), according to Andrey Stoychev, the head of prime brokerage at Nexo.
Stoychev told Cointelegraph:
