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Vision Group
@VisionGroupChannel7.3K подп.
11.8Kпросмотров
17 мая 2024 г.
📷 ФотоScore: 13.0K
Ethereum will pleasantly surprise in the coming months 🤔 Our analysts have given an optimistic outlook on Ethereum, the second most capitalized cryptocurrency Ethereum, the second most capitalized cryptocurrency, "may surprise with sudden growth" in the coming months Experts believe that Ethereum will remain at the forefront of the decentralized finance industry (DEFI), and market participants are also downplaying the likelihood of the approval of a spot exchange-traded fund (ETF) on Ethereum. Analysts are optimistic that Ethereum lacks "serious price pressures" such as unlocking tokens or miners selling the cryptocurrency. "Ethereum could surprise with unexpected growth in the coming months" The U.S. Securities and Exchange Commission's (SEC) expected May 23 ruling on a filing from asset manager VanEck remains a major pressure factor on Ethereum's price. Following the debut of a group of bitcoin spot ETFs in the US, several asset managers, including BlackRock, Fidelity, Ark Invest and VanEck, have filed applications with the SEC to create spot ETFs on Ethereum.According to some experts, the regulator intends to reject them. The pending SEC ruling brings uncertainty to the market, and while the first application for an Ethereum ETF may be rejected, Vision Group believes that possible subsequent litigation could overturn the decision, paving the way for the launch of ETFs. Even without exchange-traded fund approval on Ethereum, the constant need for ETH in decentralized applications and technological innovations within the Ethereum ecosystem speak in favor of the growth of this cryptocurrency. This is why VISION GROUP integrated ETH staking into their system✅
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