Will Canny is CoinDesk's finance reporter.
Ether is expected to hit $6,500 later this year due to strong ETF inflows and other positive factors, the report said.
“We continue to forecast a net inflow between $15 billion and $20 billion in the first 12 months, even considering the outflow from the Grayscale Ethereum Trust ,” senior analyst Mads Eberhardt wrote, adding that this should drive the value of ether higher, in dollar terms and also relative to bitcoin
If the estimated spot ether ETF inflows are correct, the ether/bitcoin ratio should strengthen to 0.065 later this year, Steno said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Pay Later is shut down; replacement is coming later this yearAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
Read more »
Affirm buy now, pay later loans will be embedded into Apple Pay later this yearAffirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year.
Read more »
Report: Woman arrested for deadly Jacksonville hit-and-run nearly 2 years laterChad Sadlowski, 33, faces a 15-year minimum mandatory sentence, as the State Attorney's Office says charges were dropped after the case went federal.
Read more »
‘Oh my god, shoes’: Kelly performs viral 2006 YouTube hit 18 years laterThe actor behind Kelly returned to the stage for the first time in years to sing “Shoes” at a Los Angeles Pride event.
Read more »
How Hit-Boy and His Father Big Hit Brought The Family Together on ‘Black & Whites’With help from The Alchemist, the father-son duo set the stage for a multigenerational run in hip-hop
Read more »
Crypto for Advisors: Decoding the Ether ETF FilingsRoxanna Islam is the Head of Sector & Industry Research at VettaFi.
Read more »