🔶The launch of spot Ethereum ETFs on the CBOE exchange has supported the growth of prices in the cryptocurrency market. The price of digital gold has settled above $66,000, and Bitcoin reached $67,000. Ethereum rose to $3,500. XRP gained 8.2%.
🔶However, experts warn of a potential decrease in Ethereum’s price due to the increase in the supply of new coins. The appearance of ETFs may have only a temporary impact on the market. Nonetheless, forecasts for Ethereum’s price to rise to $4,800 after the approval of ETFs are generating optimism among investors. It is important to monitor market trends and assess the risks associated with changes in the cryptocurrency supply.