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Article • 12 months ago

Ethereum Could Rally if BlackRock Applies for Spot ETH ETF, Says Venture Capitalist

Ethereum Could Rally if BlackRock Applies for Spot ETH ETF, Says Venture Capitalist
Summary
  • BlackRock applying for an Ethereum ETF could lead to a significant rally for Ethereum.
  • Ethereum's ESG friendliness and native staking yield make it appealing to institutional investors.
  • Ethereum is likely to experience a correction in the ETH/BTC trading pair before making gains against Bitcoin, and other altcoins like Solana may also break out after a correction.

Source: https://dailyhodl.com/2023/10/25/this-ethereum-eth-play-could-front-run-blackrock-according-to-crypto-veteran-arthur-cheong/

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