Posted 1/18/2024, 4:02:55 AM
Ethereum Poised for Growth on Back of Support for ETF, Upcoming Election
- Speculation around potential Ethereum spot ETF approval in US could lead to ETH outperforming Bitcoin in the medium term
- BlackRock CEO Larry Fink recently endorsed the idea of an Ethereum ETF, seeing value in it
- Ethereum price has grown about 59% over the past 3 months
- Upcoming 2024 US presidential election looms large, with several pro-crypto candidates that could shape regulatory stance
- Grayscale survey shows growing perception of Bitcoin as inflation hedge and store of value among Americans