Ethereum Price Could Hit $4,000 if SEC Approves ETFs, Says Standard Chartered
• Ethereum could reach $4,000 by late May if SEC approves ETFs, marking 70% upside (Standard Chartered forecast)
• SEC ETF approval process expected to resemble bitcoin ETF handling, leading to likely green light
• Upside conditional on low approval expectations, market implications missing mark, and multiple ETF approvals
• Unlike bitcoin post-ETF launch, ethereum less prone to price downside due to smaller Grayscale ETH Trust market cap
• Grayscale bitcoin selloff followed FTX collapse, but FTX held little Ethereum Trust share compared to bitcoin