* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 7, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, UBS Group Analyst Says – MarketBeat

    UBS Analyst Predicts Surge in Micron Technology Stock Price!

    Domo to Participate in the D.A. Davidson Technology Summit – Business Wire

    Domo Set to Shine at the D.A. Davidson Technology Summit!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, UBS Group Analyst Says – MarketBeat

    UBS Analyst Predicts Surge in Micron Technology Stock Price!

    Domo to Participate in the D.A. Davidson Technology Summit – Business Wire

    Domo Set to Shine at the D.A. Davidson Technology Summit!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Bitwise Investment Officer Expects Ethereum ETFs to Impact ETH Price

July 19, 2024
in Technology
Bitwise Investment Officer Expects Ethereum ETFs to Impact ETH Price
Share on FacebookShare on Twitter

According to speculations, the upcoming launch of spot Ethereum exchange-traded funds in the US will significantly impact Ethereum price. Matt Hougan, the chief investment officer at Bitwise, believes this impact could be even more profound than Bitcoin ETFs’ effect on BTC.

Also, Hougan noted that some market instability might roughen the ETFs’ early trading days. However, they will eventually impact Ethereum’s price than Bitcoin ETFs.

Ethereum ETFs and The Impact on Price Action

Hougan noted that the $11 billion Grayscale Ethereum Trust (ETHE) could record a substantial outflow once it converts to an exchange-traded product.

The same event happened with spot Bitcoin ETFs when they began trading earlier this year. But despite this potential turbulence, Hougan remains optimistic about Ethereum reaching new price highs by the end of the year.

He highlighted several reasons Ethereum ETFs could substantially influence ETH prices more. The first reason is that Ethereum’s inflation rate is nearly zero due to the limited amount of ETH created daily. This adds to the widespread use of Ethereum-based applications.

The second reason he gave is that those staking ETH will not have to deal with high operational costs like Bitcoin miners. Bitcoin miners faced significant costs, particularly for hardware and energy operations.

Hougan explained that since ETH stakers would not have to deal with high costs, they would not need to sell their holdings. Lastly, about 28% of all ETH is currently staked and locked up for extended periods, effectively reducing the available supply in the market.

Hougan Forecasts Positive Trajectory for ETH Price

Meanwhile, anticipation has heightened as the launch of the spot ETH ETF approaches. Bloomberg ETF analyst Eric Balchunas says the launch could happen on July 23.

Hougan predicts that Ethereum ETFs will drive Ether’s price to over $5,000 by 2024, a significant increase from its current value of $3,452. However, as Hougan suggests, this projection might be conservative if the actual inflows into the ETFs surpass market expectations.

Daan Crypto Trades, a well-known pseudonymous crypto trader, has echoed the same sentiment. Daan believes that the potential ETF inflows have been underestimated.

$ETH Getting really compressed here after the initial move up due to the ETF news.

Sitting on top of the Daily 200MA/EMA. I suspect this will eventually break out surrounding the ETF launch.

My expectation is still a little more optimistic in terms of ETF flows than most. pic.twitter.com/iHwuUBKOhE

— Daan Crypto Trades (@DaanCrypto) July 17, 2024

The crypto trader also noted that Ether currently exceeds its 200-day Moving Average. This position indicates there is a possibility for a potential price breakout following the ETF launch.

While Hougan is bullish, projecting that Ethereum could hit $5,000 or higher by year’s end, some market participants expect short-term declines.

Another pseudonymous trader, Kaleo, anticipates a potential drop in Ethereum’s price compared to Bitcoin after the ETF launch. This suggestion presents a more contradictory view.

$ETH / $BTC

Gonna be a contrarian here and say that I believe Ethereum actually dips a bit next week vs. BTC.

Lots of hype leading into the spot ETF launch (which I think is warranted), but don’t think this manifests into outperformance until a couple months later. pic.twitter.com/gAHA69BtBy

— K A L E O (@CryptoKaleo) July 17, 2024

Besides these facts, futures traders are bracing for volatility. Information from CoinGlass indicates that a 10% price increase to $3,750 would result in substantial short liquidations, whereas a 10% decrease would heavily impact long positions.

Disclaimer: The opinions expressed in this article do not constitute financial advice. We encourage readers to conduct their own research and determine their own risk tolerance before making any financial decisions. Cryptocurrency is a highly volatile, high-risk asset class.

The Tech Report - Editorial ProcessOur Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/bitwise-investment-officer-expects-ethereum-etfs-to-impact-eth-price/

Tags: BitwiseInvestmenttechnology
Previous Post

Billionaire Mark Cuban Says Crypto Drives Silicon Valley’s Support for Trump

Next Post

XRP to Become a Currency for Transactions on Swift Network; Analysts Expect a Massive Price Surge

Drought expanded to 19 more watersheds – Washington State Department of Ecology (.gov)

Severe Drought Worsens: 19 Additional Watersheds Affected!

June 7, 2025
CULT Food Science Closes Debt Settlement – TradingView

CULT Food Science Closes Debt Settlement – TradingView

June 7, 2025
Harmony Public Schools’ science-focused campus to open soon at City Place – Community Impact

Harmony Public Schools’ science-focused campus to open soon at City Place – Community Impact

June 7, 2025
Ladies Lifestyle Network cuts ribbon – haysfreepress.com

Ladies Lifestyle Network cuts ribbon – haysfreepress.com

June 7, 2025
Watch fans celebrate as Uzbekistan secures debut World Cup qualification – CNN

Watch fans celebrate as Uzbekistan secures debut World Cup qualification – CNN

June 7, 2025
Dollar advances against peers after strong US economic data – Reuters

Dollar advances against peers after strong US economic data – Reuters

June 7, 2025
Entertainment lineup released for 2025 Mississippi State Fair – WAPT

Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

June 7, 2025
Water-cleaning bacteria can produce health, economic benefits – ASU News

Revolutionary Water-Cleaning Bacteria: Unlocking Health and Economic Benefits!

June 7, 2025
The end of the affair? – The Economist

Is This the Final Chapter of Their Love Story

June 7, 2025
Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

June 7, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (673)
  • Economy (687)
  • Entertainment (21,593)
  • General (15,267)
  • Health (9,728)
  • Lifestyle (690)
  • News (22,149)
  • People (688)
  • Politics (694)
  • Science (15,905)
  • Sports (21,190)
  • Technology (15,672)
  • World (672)

Recent News

Drought expanded to 19 more watersheds – Washington State Department of Ecology (.gov)

Severe Drought Worsens: 19 Additional Watersheds Affected!

June 7, 2025
CULT Food Science Closes Debt Settlement – TradingView

CULT Food Science Closes Debt Settlement – TradingView

June 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version