ETH Price Could Crash Despite Spot Ethereum ETFs Euphoria, Analyst Explains Why
Summary
Spot Ethereum ETFs are set to start trading, leading to high expectations for ETH price. However, analyst Benjamin Cohen warns that the ETH supply has turned inflationary, increasing by 60,000 ETH in a month. If this trend continues, it could undermine the impact of the ETFs and push the price down. Five ETFs, including Fidelity, VanEck, and 21Shares, will compete with low fees. Bitwise CIO predicts up to $15 billion inflows within two years.
