Why is Ether (ETH) price up today?

[lepbagong]

me too,I think so, Ethereum unlimited supply, will definitely be a consideration for the SEC to give approval.
But let's see..
Is SEC will have good consideration to approve altcoin or not.

Ethereum price up today, because bitcoin goes up.
It always happen, altcoin is follower of bitcoin.

The two are inseparable, if Bitcoin experiences an increase, it is certain that Ethereum will also follow, and this is like continuing to repeat a habit that is often done. Regarding ETFs, perhaps it is true that we are better off looking at developments from the SEC.whether there will be obstacles or whether they are being held hostage by the desire to hope for momentary profits, because the SEC is also sometimes inconsistent.

[I-Bit]

The two are inseparable, if Bitcoin experiences an increase, it is certain that Ethereum will also follow, and this is like continuing to repeat a habit that is often done. Regarding ETFs, perhaps it is true that we are better off looking at developments from the SEC.whether there will be obstacles or whether they are being held hostage by the desire to hope for momentary profits, because the SEC is also sometimes inconsistent.

You're right. Ethereum is always following Bitcoin. If Bitcoin increases, the price of Bitcoin will increase, too. So, the price increase today due to the price increase in Bitcoin. About Ethereum ATF, I think SEC may consider to accept it, too. They can accept Bitcoin, they are also possible to accept ETH as well. We know that Bitcoin and ETH are the same popular coins, they are most trusted coins in cryptocurrency. This will be a big reason to be accepted by SEC.

[debra]

It seems that approving an ETF from Ethereum is very difficult because the SEC may have a lot to consider and they don't want to make the wrong decision because so far Ethereum's supply is too much and it makes it difficult for the SEC to give approval to Ethereum. So far Ethereum is only become a commodity and not a security so this is a problem for Ethereum.

Etherum ETF will be easier to be accepted if Bitcoin ETF is accepted. Because Bitcoin ETF is accepted, it won't be very difficult for SEC to accept Ethereum ETF. Ethereum is also one of the best coin in crypto, it has big community and the team is very serious to develop the project. There are many good new around the project as well. With these condition, there is no reason for SEC to reject Ethereum. Although it is only a commodity, it won't be the obstacle to accept by SEC.

[TopT3ns]

Etherum ETF will be easier to be accepted if Bitcoin ETF is accepted. Because Bitcoin ETF is accepted, it won't be very difficult for SEC to accept Ethereum ETF. Ethereum is also one of the best coin in crypto, it has big community and the team is very serious to develop the project. There are many good new around the project as well. With these condition, there is no reason for SEC to reject Ethereum. Although it is only a commodity, it won't be the obstacle to accept by SEC.

I think it will not be easy for the SEC to accept an ETF from Ethereum because there are a lot of things to consider. Ethereum has too much supply, so it will allow price manipulation to occur quickly, so it will pose a very big risk for its users. ETFs do make it easier for traders to make an exchange, but the SEC must consider the risks that will occur when they receive the application from Ethereum.

[koang]

Etherum ETF will be easier to be accepted if Bitcoin ETF is accepted. Because Bitcoin ETF is accepted, it won't be very difficult for SEC to accept Ethereum ETF. Ethereum is also one of the best coin in crypto, it has big community and the team is very serious to develop the project. There are many good new around the project as well. With these condition, there is no reason for SEC to reject Ethereum. Although it is only a commodity, it won't be the obstacle to accept by SEC.

I think it will not be easy for the SEC to accept an ETF from Ethereum because there are a lot of things to consider. Ethereum has too much supply, so it will allow price manipulation to occur quickly, so it will pose a very big risk for its users. ETFs do make it easier for traders to make an exchange, but the SEC must consider the risks that will occur when they receive the application from Ethereum.

Predict: a 50/50 chance for Ethereum ETF approval by May.

Witnessing the growing interest in Ethereum as an investment opportunity is fascinating.
Franklin Templeton's entry into the Ethereum ETF race signifies growing interest from traditional financial institutions in cryptocurrency-based investment products.
This move could open new avenues for investors to access Ethereum exposure within regulated frameworks. Cryptocurrency is further legitimized.
Exciting times are ahead for the crypto space. It's something to keep an eye on.

[EthereumDev_]

Predict: a 50/50 chance for Ethereum ETF approval by May.

Witnessing the growing interest in Ethereum as an investment opportunity is fascinating.
Franklin Templeton's entry into the Ethereum ETF race signifies growing interest from traditional financial institutions in cryptocurrency-based investment products.
This move could open new avenues for investors to access Ethereum exposure within regulated frameworks. Cryptocurrency is further legitimized.
Exciting times are ahead for the crypto space. It's something to keep an eye on.

Currently, there is still quite a long discussion taking place at the SEC, but I am sure that Ethereum developers also want this to happen as quickly as possible. With this ETF, it will have a good impact on the increase in the price of Ethereum, which will be significant due to the increasing demand that occurs in the market.

[koang]

~ ~ ~

Currently, there is still quite a long discussion taking place at the SEC, but I am sure that Ethereum developers also want this to happen as quickly as possible. With this ETF, it will have a good impact on the increase in the price of Ethereum, which will be significant due to the increasing demand that occurs in the market.

Those who have submitted applications are Asset managers, such as Fidelity BlackRock, ARK, VanEck, and Grayscale, not DEV.
Not too long. The deadline is this May for the SEC to approve or reject.

The ETF Ethereum will not only drive prices but also drive innovation in the crypto space, especially in the areas of DeFi, NFTs, and the metaverse.
And the presence of an ETF Ethereum could make the crypto market more attractive for investors and users.

[UNIVERSE]

Currently, there is still quite a long discussion taking place at the SEC, but I am sure that Ethereum developers also want this to happen as quickly as possible. With this ETF, it will have a good impact on the increase in the price of Ethereum, which will be significant due to the increasing demand that occurs in the market.

The price of ETH has indeed increased quite significantly this month.
This time, as of February 18, the price of ETH was around $2,829
https://coinmarketcap.com/currencies/ethereum/

The price of ETH is increasing following Bitcoin too, just like in the previous cycle if ETH usually follows BTC's movements.

Apart from that, there is hot news related to Ethereum ETF. This will happen in the coming months and many predict that this will also be approved, like Bitcoin. But sometimes it is beyond our expectations. So, take advantage of the positive trends now and don't panic if future conditions don't match our expectations.

[Litzki1990]

Not only Ethereum but the entire crypto market is now positive and the movement of every coin in the market is now positive. Those of us who are involved in cryptocurrencies and have a fair understanding of the market of various coins can say that the market of Ethereum is directly dependent on the market of Bitcoin. As the Bitcoin market grows, so does the Ethereum market. Bitcoin market is very positive now considering the direction of Bitcoin price positive change, Ethereum price has changed positively and Ethereum price is currently increasing. In addition to Bitcoin, there may be some positive news in the market of Ethereum due to which the price of Ethereum is gradually rising.

[NikeFit_7777]

I think it will not be easy for the SEC to accept an ETF from Ethereum because there are a lot of things to consider. Ethereum has too much supply, so it will allow price manipulation to occur quickly, so it will pose a very big risk for its users. ETFs do make it easier for traders to make an exchange, but the SEC must consider the risks that will occur when they receive the application from Ethereum.

I'm sorry, why would there be a problem in accepting a spot ETF? Yes, they may postpone the date of acceptance itself, but that doesn't mean it won't happen. Once that happens, it's scary to imagine what will happen to the ETH exchange rate. Actually, SEC should be very interested in accepting spot ETF-ETH. It's another excuse for them to manipulate the price + an opportunity to make a nice profit. I don't think they will pass by this opportunity.    Has everyone been following how ETF-BTC has been received? I assume there will be a similar situation.

P.S. Meanwhile, the ETH exchange rate has once again climbed even higher.

[koang]

Not only Ethereum but the entire crypto market is now positive and the movement of every coin in the market is now positive. Those of us who are involved in cryptocurrencies and have a fair understanding of the market of various coins can say that the market of Ethereum is directly dependent on the market of Bitcoin. As the Bitcoin market grows, so does the Ethereum market. Bitcoin market is very positive now considering the direction of Bitcoin price positive change, Ethereum price has changed positively and Ethereum price is currently increasing. In addition to Bitcoin, there may be some positive news in the market of Ethereum due to which the price of Ethereum is gradually rising.

Yep. Huge money flow in the market. Something is going on, but it's just beginning. Alt season has not even started yet.
And if we are all in one coin without making a bucket, we will just watch the whole market turn green and miss many other opportunities.
Diversification. Buy more good coins and hold till halving to wait for BTC to reach a new Ath. The biggest bull market yet

[Doctor]

Currently, there is still quite a long discussion taking place at the SEC, but I am sure that Ethereum developers also want this to happen as quickly as possible. With this ETF, it will have a good impact on the increase in the price of Ethereum, which will be significant due to the increasing demand that occurs in the market.

Maybe it will be approved at march this year mate, I heard from several information. ETF Ethereum  will have great impact for Ethereum at the next several months, But I don't know, it will be approved or not. because several people also doubt.

[JISAN]

The demand for Ethereum has always been high and I hope that it will remain so in the future. Significant growth of the entire cryptocurrency will likely occur next year after the Bitcoin halving. It will be a very exciting spectacle.

You're right , Ethereum demand is so high, Ethereum is the second of crypto market below bitcoin.
I have read many opinions at this forum, I think while bitcoin price goes up, altcoin will too.
 Many negative issues against bitcoin and altcoin at the past, but it's not the big problem, because many investors still believe in cryptocurrency.
We all wait the bitcoin halving in  2024 , I want to know what bitcoin can to do.
It will touch new ATH, how much ?? let's see..
Maybe It will touch more 10K USD.
Hopefully

Ethereum is much potential coin. i will not say it will hit $10k in the next ATH but with bitcoin ATH ETH also make something new it is possible. i will also not say ETH can't hit $10k. because Since the price of Ethereum once hit $4.87k, its price is likely to move to a new ATH of $10k. But it may require a long time. so if one wants to get this opportunity he must invest long term and take a big risk. Otherwise he will not get this advantage.

[doc]

Ethereum is much potential coin. i will not say it will hit $10k in the next ATH but with bitcoin ATH ETH also make something new it is possible. i will also not say ETH can't hit $10k. because Since the price of Ethereum once hit $4.87k, its price is likely to move to a new ATH of $10k. But it may require a long time. so if one wants to get this opportunity he must invest long term and take a big risk. Otherwise he will not get this advantage.

If you estimate the ATH ethereum will reach, I think $10K is still reasonable.  But let's see first what Bitcoin's ATH will be next year, if bitcoin can reach a new ATH of $ 200K more, I think ethereum will touch $ 10K.  This is just a prediction, don't ask where the analysis comes from.  Because investing is based on our experience and intuition in determining sales targets.  It could be wrong, it could also be true.

[Google+]

Ethereum is much potential coin. i will not say it will hit $10k in the next ATH but with bitcoin ATH ETH also make something new it is possible. i will also not say ETH can't hit $10k. because Since the price of Ethereum once hit $4.87k, its price is likely to move to a new ATH of $10k. But it may require a long time. so if one wants to get this opportunity he must invest long term and take a big risk. Otherwise he will not get this advantage.

The new ATH for Ethereum at $10k will of course be easy to achieve when the ETF starts accepting applications from Ethereum which will probably happen on May 23 2024, as you know there are still a few days left to approach the ETF so you still have the opportunity to buy Ethereum when the price was still as cheap as it is now.