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Nexo executive: ETF approval could be the strongest price catalyst for a bull market in ETH

2024-05-27 20:04:06

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ChainCatcher news, according to Cointelegraph, Nexo's brokerage head Andrey Stoychev believes that ETF approval could be the strongest price catalyst for ETH in the current bull market cycle. Ethereum ETFs in the U.S. and similar products in Asia could drive ETH to reach $10,000 by the end of 2024, outperforming Bitcoin's performance after ETF approval.

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Nexo Ethereum Spot ETF Bull Market

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Nexo Ethereum Spot ETF Bull Market

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