Ether could hit $4,000 with likely spot ETH ETF approval in May

Ether could hit $4,000 with likely spot ETH ETF approval in May

BTC surged 85% from around $25,000 in mid-June – when asset management giant BlackRock filed for an ETF – to roughly $47,000 when the spot ETFs won approval on January 10.

Ether (ETH) could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based exchange-traded funds (ETF) will likely win regulatory approval in the U.S., Standard Chartered Bank reported.