The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. […]
Renowned trader and investor Peter Brandt has recently voiced a surprisingly pessimistic view of Ethereum’s future. Brandt, known for his trading acumen, has expressed doubts about Ethereum’s longevity as a major digital currency, especially when contrasted with Bitcoin (BTC). Ethereum’s Uncertain Future According To Brandt Brandt’s forecast for ETH, which he shared in a post […]