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Ether { {ETH}}, the second-largest cryptocurrency by market value, could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based Standard Chartered predicts SEC approval for an Ethereum ETF by May 23, drawing parallels with the approval of Bitcoin ETFs. The financial institution anticipates In a recent report, Standard Chartered Bank has set its sights on the anticipated approval of a spot Ethereum exchange-traded fund (ETF) in May 2025. The bank Standard Chartered predicts that exchange-traded funds (ETFs) for Ethereum (ETH) will be approved by the U.S. Securities and Exchange Commission (SEC) in A recent analysis by global financial institution Standard Chartered suggests that the approval of a spot Ethereum$2,315 -2.42% (ETH) Exchange Traded Fund (ETF) could Standard Chartered Bank tells clients it expects Ethereum spot ETFs to be approved on May 23, and that ETH price could pump to US$4000 in lead up. First ETFs are

Ethereum ETF to Push ETH to $4000? Standard Chartered's Bold Prediction

Will an Ethereum ETF propel Ether (ETH) to new heights? Standard Chartered Bank believes so, predicting a potential surge of nearly 70% from current levels, potentially reaching $4,000 by May. This optimistic forecast hinges on the anticipated approval of spot-based Ethereum ETFs.

Standard Chartered Predicts SEC Approval of Ethereum ETF

In a recent report, Standard Chartered Bank has set its sights on the anticipated approval of a spot Ethereum exchange-traded fund (ETF) in May 2025. The financial institution anticipates the U.S. Securities and Exchange Commission (SEC) will approve Ethereum ETFs by May 23rd. This prediction draws parallels with the approval of Bitcoin ETFs, suggesting a similar regulatory pathway for Ether. First ETFs are expected to be highly impactful on ETH's price.

$4000 Ethereum Price Target: How an ETF Could Fuel the Rally

Standard Chartered predicts that exchange-traded funds (ETFs) for Ethereum (ETH) will be approved by the U.S. Securities and Exchange Commission (SEC) in May. This approval, they argue, could trigger a significant price rally. A recent analysis by global financial institution Standard Chartered suggests that the approval of a spot Ethereum $2,315 -2.42% (ETH) Exchange Traded Fund (ETF) could be a game-changer.

Ether (ETH) Poised for Growth: Standard Chartered's Analysis

Ether { {ETH}}, the second-largest cryptocurrency by market value, could rise nearly 70% from current levels and hit $4,000. Standard Chartered Bank tells clients it expects Ethereum spot ETFs to be approved on May 23, and that ETH price could pump to US$4000 in lead up. This bullish outlook is based on the increased accessibility and mainstream adoption that an ETF would provide, similar to the impact witnessed with Bitcoin ETFs. Stay informed on the latest developments surrounding Ethereum ETFs and their potential impact on the ETH price.

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