Ethereum auf dem Weg zu einem neuen Allzeithoch: Peter Brandt, Bitwise

tldr; Bitwise predicts that the launch of Ethereum ETFs will propel ETH to a new all-time high above $5,000. Citi Bank forecasts $5 billion in net inflows within six months of the ETFs’ launch. Factors contributing to this optimistic outlook include Ethereum’s deflationary status post-EIP-1559, reduced selling pressure due to Ethereum’s consensus mechanism, and over 40% of ETH being staked or used in DeFi protocols. The SEC is expected to approve ETH ETFs for trading soon, further fueling the positive predictions.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.