The blossoming potential of Bitcoin and Ether exchange-traded funds has been predicted to have an imminent record value growth of $450 billion in the future. According to a new Bernstein analysis, driven by good regulatory news and strong positive sentiment, the two-year inflow of over $100 billion is likely to accrue to crypto ETFs. Bernstein backed up its prediction by the rise in Ether’s price last week, up by 26%, largely due to the recent approval of USSEC Ether spot ETFs. This is, in addition, close to the two-market-instituted 100% Bitcoin, with a cycle peak at $150,000 and a $90,000 terminus for market trust at the end of the year.

The asset classification of Ether as a commodity sets an immense precedence for blockchain assets. The provided regulatory clarity, coupled with the new status of Ether, might be what is needed to greenlight not only other tokens like Solana but also other protocols, thus multiplying the positive ripple effects across the entire crypto spectrum.

CoinDesk