Ethereum ETFs Could Push ETH Price to $20,000 by Year-End, Predicts Top Analyst

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The crypto world is buzzing with excitement following the recent green light for Ethereum ETFs. This is a landmark decision and could reshape the markets just like our trusty Bitcoin ETFs did recently.

But now the dust is settling, and people are beginning to ask the bigger questions.

As market watchers and investors work to understand these developments, insights from popular crypto analyst ‘Virtual Bacon’ on social platform X offer a comprehensive look at the expected effects and strategic responses to this event.

Here’s what they have to say.

Though approved in May, the Ethereum ETF required an additional nod through the S-1 filing before trading could begin. All eight issuers, including prominent financial entities such as BlackRock, Fidelity, Bitwise, ARK Invest, VanEck, Invesco, Franklin Templeton, and Grayscale, have recently completed their filings. This progress means the ETF will soon be available on major U.S. brokerages like Fidelity and Robinhood, expanding its reach and potential impact.