Ethereum

Patrick

Bitcoin

Spot

<ul class="news-points">
 <li>VanEck analysts predict ETH would reach $22K by 2030.</li>
 <li>Ethereum’s potential to shake up finance and tech drives VanEck’s bullish forecast.</li>
 <li>Spot Ether ETFs could open doors for widespread investor access.</li>
</ul>
Analysts at prominent investment firm VanEck have updated their 2030 price prediction for Ethereum (ETH), setting a new target of $22,000.
The <a href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-eth-2030-price-target/" target="_blank" rel="noopener noreferrer nofollow">report attributes</a> the updated forecast to a reevaluation of Ethereum’s fundamental investment case, incorporating updated financial models and quantitative analyses on ETH’s interaction with Bitcoin in various portfolios.
Authors Matthew Sigel, Patrick Bush, and Denis Zinoviev highlight growing confidence in Ethereum’s long-term potential, driven by its strong value proposition to entrepreneurs and its potential to disrupt traditional financial markets and Big Tech.
The potential approval of spot Ether ETFs is one factor contributing to VanEck’s bullish outlook. The firm is among several on Wall Street applying to list such ETFs, following the successful launch of spot Bitcoin ETFs earlier this year. The SEC approved the 19b-4 filings for spot ether ETFs last month.&nbsp;
While the approval of S-1 filings is still…
The post <a href="https://coinedition.com/ethereum-the-next-digital-gold-inside-vanecks-bullish-thesis/" rel="noopener noreferrer nofollow">Ethereum: The Next Digital Gold? Inside VanEck’s Bullish Thesis</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum: The Next Digital Gold? Inside VanEck’s Bullish Thesis

Coin Edition

Other articles published on Jun 6, 2024

Paxos International launches Lift Dollar (USDL), a yield-bearing stablecoin

Bitcoin Spot ETFs Record 17 Straight Inflow Days, Reaching $15.3B Year-To-Date

ETH and SOL Maintains Momentum Despite Market Pause, SOL-based Meme Coin Hits Ground Running in P...

Shiba Inu Gains 10% in 24 Hours – Meme Coin Presales Ramping Up Once Again

BetFury Announces $20 Million Cryptodrop Event

Bitcoin miners pivot to AI: New revenue stream post-halving?

Join our free newsletter for daily crypto updates!