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ETH $2,319.17 -1.59%
BNB $628.09 +0.49%
XRP $1.43 +1.40%
SOL $87.50 +2.43%
TRX $0.3256 -0.06%
DOGE $0.0966 +0.13%
ADA $0.2524 +0.96%
BCH $447.69 +0.99%
LINK $9.35 +0.43%
HYPE $43.56 -4.49%
AAVE $111.81 +5.16%
SUI $0.9759 +0.44%
XLM $0.1647 +2.79%
ZEC $331.48 -3.11%

Steno Research: It is expected that Ethereum will reach $6,500 within this year

2024-06-28 15:25:00
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ChainCatcher news, according to CoinDesk, Steno Research predicts that the net inflow of funds for Ethereum spot ETFs in the past 12 months will reach $15 billion to $20 billion. The report states that due to strong ETF inflows and other positive factors, Ethereum is expected to reach $6,500 later this year.

In addition, Galaxy Research estimates that the net inflow amount for spot Ethereum ETFs in the first five months will reach $5 billion, while Bitwise expects the inflow amount over the first 18 months to reach $15 billion.

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