Ethereum ETFs Witness Stellar Start As Trading Soars; Analyst Sees ETH’s Price Reaching $8,000 In Q4
Summary
Ethereum ETFs saw significant trading volume, surpassing traditional ETF launches. The first 90 minutes of trading generated $361 million, with more than 50% of Bitcoin's day one volume. Analysts anticipate substantial price gains for Ethereum due to the ETF market inflows, expecting a parabolic move and setting price targets between $4,500 and $14,000 by Q2 2025. Despite the ETF launch hype, ETH is currently trading at $3,444 with no significant change from yesterday's price.
