The potential approval of spot Ethereum ETFs in the U.S. could drive the price of ETH to $10,000 by the end of 2024, according to optimistic projections. 📈
🔹 Recent Performance: Ethereum has surged over 21% in the past 24 hours, signaling a strong bullish sentiment and growing confidence among investors.
🔹 Catalyst for Growth: While the SEC’s decision might take several months, approval would likely act as a significant driver of price growth, unlocking new institutional investments and liquidity in the market.
📌 Long-Term Outlook: Positive developments surrounding Ethereum ETFs are expected to reinforce ETH’s position as a leading cryptocurrency and could pave the way for a sustained upward trend.