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The approval of ETH-ETF opens the door for institutional investors, which could attract significant capital to the market.

It is important to understand that this does not mean an immediate rise in the Ethereum price. Suffice it to remember what happened after the start of BTC-ETF trading. Then the “Buy the rumor, sell the news” scenario worked and BTC fell by almost 16% in less than two weeks. It cannot be ruled out that a similar situation will occur with ether. So running out and buying one right now may not be the best idea.

Although... sooner or later, the chance that ETH will be significantly higher than current levels, in my opinion, is very high.
And I believe this will not happen in a year or two, but still possibly much earlier.

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