Ethereum May Reach $5K in 2024 Post ETP Approvals

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Matt Hougan believes spot ETF inflows could significantly impact Ether, potentially reaching a new all-time high by year-end.

Bitwise Asset Management’s Chief Investment Officer has predicted that the introduction of Ethereum Exchange-Traded Products (ETPs) will drive ether (ETH) prices to new all-time highs above $5,000 by the end of the year.

The CIO suggests that ETP flows could have a bigger impact on Ethereum than they did on Bitcoin.

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