Ethereum ETF may come up if Bitcoin is successful. What do you think?

[dwyane36]

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

In fact, the news of ETH-ETFs approval was considered by the market back in May, i.e. before it actually happened. It's noteworthy that ETH depreciated by almost 38% since then. And I honestly don't see any preconditions that ETH will be able to conquer new ATH shortly only because of ETH-ETFs.

[Vision pro]

I agree with your optimism. If the SEC approves a Bitcoin ETF, it could pave the way for other cryptocurrency ETFs, particularly for established and widely adopted assets like Ethereum. The success of a Bitcoin ETF could serve as a benchmark for the regulatory framework and market demand, encouraging the development of ETFs for other major cryptocurrencies.Ethereum would likely be the next candidate due to its significance in the ecosystem, especially with its role in DeFi and smart contracts. Following Ethereum, other networks with strong use cases and community support, such as Binance , Solana, Polygon, or even Tron, could also see ETF proposals.

[erus]

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

In fact, the news of ETH-ETFs approval was considered by the market back in May, i.e. before it actually happened. It's noteworthy that ETH depreciated by almost 38% since then.

May? Quite a long time huh, I thought I had just received the plan from Ethereum for ETF and the astonishing evidence is in accordance with what you said since May until now the price of Ethereum coins has been minus up to -38%. It seems that the ETH news for ETF is not very effective in increasing the price, the proof is that it is minus -38%, right?

And I honestly don't see any preconditions that ETH will be able to conquer new ATH shortly only because of ETH-ETFs.

If not from ETF news, what will make Ethereum reach ATH again?

[doc]

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

In fact, the news of ETH-ETFs approval was considered by the market back in May, i.e. before it actually happened. It's noteworthy that ETH depreciated by almost 38% since then. And I honestly don't see any preconditions that ETH will be able to conquer new ATH shortly only because of ETH-ETFs.

Ethereum ETF will be influential towards the bull season when bitcoin price starts to rise and become more stable, because altcoin ETF will not have a good impact if bitcoin price suffers. In addition to bitcoin ETF, ethereum ETF we also heard about Solana ETF whose proposal has just been launched.

[Legion]

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

In fact, the news of ETH-ETFs approval was considered by the market back in May, i.e. before it actually happened. It's noteworthy that ETH depreciated by almost 38% since then. And I honestly don't see any preconditions that ETH will be able to conquer new ATH shortly only because of ETH-ETFs.

Ethereum ETF will be influential towards the bull season when bitcoin price starts to rise and become more stable, because altcoin ETF will not have a good impact if bitcoin price suffers. In addition to bitcoin ETF, ethereum ETF we also heard about Solana ETF whose proposal has just been launched.

It is possible that, the launch of an Ethereum ETF could vastly affect the crypto market in the event that the price of Bitcoin begins to climb then stabilize. Currently there are various products being created in the crypto space, an Ethereum ETF could add more interest from institutions who have not been involved in the process, which could send the price of Ethereum even higher and solidify the bullish run of crypto market in general. However, it bears mentioning that sustained ETF performance is tightly tied to the maintenance of the price stability of Bitcoin since the latter often predicts the resto of the crypto market.
 
Besides, Bitcoin and Ethereum ETFs, the recent proposal of the Solana ETF will denote that more crypto assets are now receiving institutional attention. If Solana ETF is approved in future, this means that this market could be more diverse thus being of benefit to investors. This could also bring more focus to Solana, but would also prove the point that the crypto space is being embraced more by traditional finance. But, there is a need for investors to pay attention to market conditions as well as rules concerning issuance of such ETF so as to gauge the effects a new ETF might have in terms of the interrelationships within the blockchain based markets.

[nakmantu99]

So far, hopes for the emergence of spot ETFs with Ethereum are very slim. The fact is that the regulator (SEC) still calls Bitcoin exclusively a product, while “the vast majority of cryptoassets for it are investment contracts, that is, securities.

In other words, the hope for the imminent emergence of spot ETFs with Ethereum and other altcoins is unfounded for now. However, a number of media outlets attribute the surge in Ethereum over the past 24 hours to precisely this circumstance.

Considering how long it took the SEC to approve spot BTC-ETFs, the likelihood of ETH-ETFs appearing and being approved does seem pretty unlikely. However, I don't rule out that the SEC may soften its rhetoric towards cryptocurrencies in the future. In this case, ETH-ETFs, as well as ETFs of other top altcoins, might well appear on the market.

Ethereum ETF has finally been approved my friend, : https://www.investopedia.com/sec-approves-spot-ether-etfs-8678873

so now investors are waiting for the solana ETF. Ethereum ETF has been approved by the SEC but well we see it has not had much effect on the price of ethereum, because ethereum seems to have difficulty returning to touch $ 3K, this happened because the price of bitcoin has corrected several times and is not stable.
So we can't see the impact of the ethereum ETF which previously investors were sure that after the ethereum ETF was approved the price of ethereum would increase, but it turned out to be the opposite.

[Azharul]

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

In fact, the news of ETH-ETFs approval was considered by the market back in May, i.e. before it actually happened. It's noteworthy that ETH depreciated by almost 38% since then. And I honestly don't see any preconditions that ETH will be able to conquer new ATH shortly only because of ETH-ETFs.

Ethereum ETF will be influential towards the bull season when bitcoin price starts to rise and become more stable, because altcoin ETF will not have a good impact if bitcoin price suffers. In addition to bitcoin ETF, ethereum ETF we also heard about Solana ETF whose proposal has just been launched.

I am also agree with your comment. Because we know that bitcoin is the best valuable crypto in this moment. So we know that when bitcoin price will be success or increase, then ethereum ETF will increase. But if bitcoin price will be down, then ethereum ETF will be decrease. Because we know all cryptocurrency market will get lead to bitcoin. So if we want increase ethereum ETF, we should must wait until increasing bitcoin price. Another we listen that solana ETF is also launched recently.

[UNIVERSE]

Ethereum ETF will be influential towards the bull season when bitcoin price starts to rise and become more stable, because altcoin ETF will not have a good impact if bitcoin price suffers. In addition to bitcoin ETF, ethereum ETF we also heard about Solana ETF whose proposal has just been launched.

We are in the bullrun season and Ethereum ETF has been approved. But the price of Ethereum looks a bit stable, it even tends to drop. I don't know why there is no significant impact to Ethereum price, it didn't reach the ATH so far. Many people assume it is because Bitcoin isn't in good condition, the price looks hard to increase again after it reach its ATH. Ethereum price gets the impact as well, it seems like in sideways.

[vegasus]

I am also agree with your comment. Because we know that bitcoin is the best valuable crypto in this moment. So we know that when bitcoin price will be success or increase, then ethereum ETF will increase.

Because that's usually how the cycle goes. Ethereum's price will follow Bitcoin's price movement. Bitcoin's success in increasing its price will certainly be followed by Ethereum regardless of its condition. The concept has often been like that since long ago.

That's why when the BTC price drops like it is now, ETH will definitely drop, and it's also difficult for ETH to suddenly go up again drastically, ETH also needs more time to go back up after a long drop, but believe me, ETH is a good altcoin, and worth it for even long-term investment. So don't worry if there hasn't been much progress in price increases right now.

[pieppiep]

Ethereum ETF will be influential towards the bull season when bitcoin price starts to rise and become more stable, because altcoin ETF will not have a good impact if bitcoin price suffers. In addition to bitcoin ETF, ethereum ETF we also heard about Solana ETF whose proposal has just been launched.

We are in the bullrun season and Ethereum ETF has been approved. But the price of Ethereum looks a bit stable, it even tends to drop. I don't know why there is no significant impact to Ethereum price, it didn't reach the ATH so far. Many people assume it is because Bitcoin isn't in good condition, the price looks hard to increase again after it reach its ATH. Ethereum price gets the impact as well, it seems like in sideways.

Well, sometimes it can be really unpredictable in financial markets, and I remember that there are always some other factors that affect prices. It clearly appears that when positive news is released such as ETF approval then a lot of other factors ranging from market sentiment to global economics can come in to determine how the market responds. Here I mean cases where one can benefit from having a view of general tendencies in the economy and effects of the different factors that sometime give one more perspective that is helpful in interpreting the general trends in the market.

[nakmantu99]

I am also agree with your comment. Because we know that bitcoin is the best valuable crypto in this moment. So we know that when bitcoin price will be success or increase, then ethereum ETF will increase.

Because that's usually how the cycle goes. Ethereum's price will follow Bitcoin's price movement. Bitcoin's success in increasing its price will certainly be followed by Ethereum regardless of its condition. The concept has often been like that since long ago.

That's why when the BTC price drops like it is now, ETH will definitely drop, and it's also difficult for ETH to suddenly go up again drastically, ETH also needs more time to go back up after a long drop, but believe me, ETH is a good altcoin, and worth it for even long-term investment. So don't worry if there hasn't been much progress in price increases right now.

I also still believe that ethereum is a good coin after bitcoin even though many people say that ethereum's movement does not show anything extraordinary, because it seems that bitcoin still seems to be struggling in the last few weeks. And we know bitcoin as a center that is always followed by ethereum and other altcoins. the current price of ethereum has reached $ 2,466 and is likely to rise again.

[Parzival204]

Everyone hopes that BTC will be approved by ETF. this will be the green light for ethereum to be next. considering that ethereum is now number 2 after BTC.
and systematically ethereum now makes me optimistic to say that ethereum will also be approved and supported by ETF

[Parzival204]

of course someone will choose ethereum as an option for investing in altcoins. because the results are definitely promising where ethereum continues to be at the top of the altcoin rankings. and ethereum also tends to be more stable than SOL and doge coins. and ethereum has been proven to provide many benefits for its investors
and there are factors that make ethereum's price unstable when btc also experiences this. ethereum will continue to increase with the interest rate cut that is happening in the US. and this will be a good start for ethereum and our hope is that the price will not only be stable but also continues to increase until the ETF we expect