Ethereum ETF in the Horizon ?
28
Feb, 2024

Ethereum ETF in the Horizon ?

After the surge we have seen in the Bitcoin market after Bitcoin Spot ETFs approval and the new money flows in it through the new instruments, something new is getting ready in the market space.

 

In parallel, new spot ETFs for Ethereum is getting prepared from investment firms like Grayscale, which was a pioneer in institutional investments in the crypto space.

 

Nicholas Panigirtzoglou from JP Morgan stated that the probability of an Ethereum Spot ETF to come in the market lays around 50 %, so we must be prepared for every scenario out there.

 

On the other side on Bitcoin, the surging trend seems to thrive for now and it will probably continue with more force after the upcoming halving.

 

Until when ?

 

A Bitwise’s research paper suggested a price – target at $88,000 by the end of 2024, with full intensity during the entire period.

 

We wait to see how this will go…….

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Nikiti, Chalkidiki, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).