The approval of Ether ETFs has sparked considerable interest, with Bloomberg ETF analyst Eric Balchunas suggesting that these ETFs could realistically launch by late June. Some market analysts predict that the introduction of spot Ethereum ETFs could propel Ether to surpass its all-time high of $4,870, set in November 2021. However, concerns remain about the potential impact of Grayscale’s Ethereum Trust (ETHE), which manages $11 billion in assets. If it follows the pattern of the Grayscale Bitcoin Trust (GBTC), which saw $6.5 billion in outflows shortly after approval, it could significantly influence ETH’s price dynamics. #ethereum #ether #ethereumprice