Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong.
The price of Ether could rally to the $4,500 mark before the official approval of the first spot Ether exchange-traded funds (ETFs), says Arthur Cheong, the founder and CEO of crypto-focused investment firm DeFiance Capital.
In a May 26 X post, Cheong wrote to his 167,000 followers:
Ether (ETH) was trading at $3,903, up 2.57% in the 24 hours leading up to 10:56 am UTC. if Cheong’s prediction comes true, Ether’s price would rally over 15% from its current level to the $4,500 mark, according to CoinMarketCap.
