Crypto News Bulletin from coinnounce

Monday June 24, 2024 12:08 PM
4 months 4 weeks ago

Ethereum Faces Potential 30% Drop Post-Spot ETF Launch


Ethereum could drop 30% to $2,400 after spot Ether ETFs launch, warns Mechanism Capital's Andrew Kang. He cites minimal institutional interest and weak network cash flows as key factors limiting the ETF's upside.

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