Ethereum Enthusiasts Bullish, Predict New Highs with Spot ETF Launch

IconCryptoNewsTerminal Staff02 Jun, 2024

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Ethereum Enthusiasts Bullish, Predict New Highs with Spot ETF Launch

Domestic investors are optimistic about the upcoming week for Bitcoin (BTC) and Ethereum (ETH). According to a recent survey, 43.4% of respondents anticipate an upward or bullish trend for BTC, while 40.7% predict sideways movement. Regarding ETH, 28.3% of investors believe that the launch of a spot ETF in the US could drive its price to new highs between $4,500 and $5,000. The survey also revealed that 37.8% of respondents feel optimistic or extremely optimistic about the market, while 14.5% express fearfulness.