ETF Delay May Boost Ether Price, eToro Analyst Says

ETF Delay May Boost Ether Price, eToro Analyst Says

ETF Launch Delay Could Help Boost Real ETH Price: eToro Analyst The delayed launch of an Ethereum ETF could help boost the real price of Ether, according to Simon Peters, an analyst at mobile investment app eToro that supports crypto trading. With the U.S. Securities and Exchange Commission having approved an Ethereum spot ETF 19b-4 filing, but with the S-1 registration statement still expected to take weeks or months to be approved, he said: "This delay gives investors who are anticipating the S-1 approval a window to buy Ether. As and when the ETF starts trading, billions of dollars are likely to flow into it and we could see some front-running as investors look to capture those returns." Implications for Investors The delay in the ETF launch could provide an opportunity for investors to acquire Ether at a lower price in anticipation of the ETF's eventual approval. As the ETF launch date approaches, the price of Ether could potentially rise as investors anticipate the influx of institutional capital. Disclaimer Please note that this article is for informational purposes only and should not be construed as investment advice. It is essential to conduct your own research and consult with a qualified financial advisor before making any investment decisions.