{"id":551089,"date":"2024-07-15T09:02:23","date_gmt":"2024-07-15T09:02:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=551089"},"modified":"2024-07-15T09:02:23","modified_gmt":"2024-07-15T09:02:23","slug":"ethereum-price-pumps-5-as-analysts-see-eth-etf-approvals-this-week-and-traders-rush-to-buy-this-p2e-ico-with-only-hours-left","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-pumps-5-as-analysts-see-eth-etf-approvals-this-week-and-traders-rush-to-buy-this-p2e-ico-with-only-hours-left","title":{"rendered":"Ethereum Price Pumps 5% As Analysts See ETH ETF Approvals This Week And Traders Rush To Buy This P2E ICO With Only Hours Left"},"content":{"rendered":"

The Ethereum price surged 5% in the last 24 hours <\/span>to trade at $3,354<\/span><\/a> as of 03:13 a.m. EST on trading volume that rose 25% to $12 billion.<\/span><\/p>\n

This comes as ETH crossed the $3,300 threshold amid anticipation that spot ETH ETFs (exchange-traded funds) could launch as soon as this week. <\/span>The ETH price has surged 15% in the past week.<\/span> <\/span><\/p>\n

According to Nate Geraci, ETF analyst and president of The ETF Store, eight spot ETH ETFs could be launched by the end of this week.<\/span><\/p>\n

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Welcome to spot eth ETF approval week…<\/p>\n

I’m calling it.<\/p>\n

Don’t know anything specific, just can’t come up w\/ good reason for any further delay at this point.<\/p>\n

Issuers ready for launch.<\/p>\n

— Nate Geraci (@NateGeraci) July 14, 2024<\/a><\/p><\/blockquote>\n