Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark.
The Ethereum ecosystem may be on the verge of its most bullish phase yet, with the imminent launch of the first spot Ether exchange-traded funds (ETFs).
According to Vivek Raman, a managing director at BitOoda crypto investment bank and former Wall Street bond trader, the second half of 2024 could be the most bullish period for Ether (ETH).
This is because the Ether ETF launch will solve most of the risks associated with Ether, Raman wrote in a July 22 X post:
