{"id":606286,"date":"2024-12-02T15:35:47","date_gmt":"2024-12-02T15:35:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=606286"},"modified":"2024-12-02T15:35:47","modified_gmt":"2024-12-02T15:35:47","slug":"ethereum-price-prediction-as-bernstein-says-trump-likely-to-approve-eth-etf-staking-yields-this-crypto-wallet-ico-closes-on-2-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-as-bernstein-says-trump-likely-to-approve-eth-etf-staking-yields-this-crypto-wallet-ico-closes-on-2-million","title":{"rendered":"Ethereum Price Prediction: As Bernstein Says Trump Likely To Approve ETH ETF Staking Yields, This Crypto Wallet ICO Closes On $2 Million"},"content":{"rendered":"
The Ethereum price has slumped 3% in the last 24 hours to trade at $3602 as of 8:50 a.m. EST on a 54% jump in trading volume to $41 billion.<\/p>\n
Despite the plunge in the ETH price, analysts at research and brokerage firm Bernstein say that staking yields for spot Ethereum ETFs (exchange-traded funds) in the US are likely to be approved by the incoming administration of Donald Trump.<\/p>\n
\nBernstein analysts are bullish on Ethereum's potential, with staking yields for spot ETFs possibly getting approved under the crypto-friendly \"Trump 2.0\" SEC. Despite a rough year, $ETH<\/a>'s strong fundamentals and rising blockchain activity could fuel a major rally. Are we…<\/p>\n
— Aiura (@Aiura_AI) December 2, 2024<\/a><\/p><\/blockquote>\n