News View Non-AMP

Is This the Next Big Cryptocurrency for ETF Approval?

Published by
Zameer Attar

Cryptocurrency expert Chico Crypto recently shared insights on the latest developments in the crypto world, with a particular focus on the recent approval of the Bitcoin ETF. He noted the rapid pace of the crypto space compared to traditional markets, highlighting the dynamism of this sector.

Turning his attention from Bitcoin, Chico Crypto delved into potential future trends in the crypto market. He specifically highlighted Ethereum and the possibility of an Ethereum ETF, noting that he had anticipated this development over two months ago, even before major players like BlackRock announced their interest.

The analyst emphasized the importance of keeping an eye on Ethereum, especially with the expected approval of an ETF. He also mentioned the involvement of certain U.S. Congress members who recently invested in Ethereum, raising questions about their potential access to insider information regarding the Ethereum ETF approval.

He drew comparisons to past events, specifically Bitcoin’s price movements in October, which suggested informed buying prior to its ETF approval in January. Based on these patterns, he predicted a similar trend for Ethereum, suggesting a potential price increase to around $2875.

In addition to Ethereum, Chico Crypto briefly touched on Layer 2 solutions like Optimism, Gnosis, and Arbitrum, indicating that they might experience growth alongside Ethereum.

Interestingly, the analyst shifted his focus to Chainlink (LINK), proposing that it could be the next cryptocurrency to receive ETF approval after Ethereum. He based this prediction on statements from Chainlink’s founder and the high premiums paid for the Grayscale Chainlink Trust.

He advised investors to seize current opportunities, especially considering Chainlink’s recent price movements. After reaching a new yearly high of $17.68 on December 28, LINK experienced a decline, hitting a low of $12.53 on January 8, 2024. Despite this setback, the price recovered following the ETF approval, currently trading at $14.98, which reflects a two percent increase.

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Recent Posts

Solana Did 100x After Binance Listing—KNCH Just Hit BitMart, LBank & XT (Better Tech, Lower Entry)

Kaanch (KNCH) is anticipated to create a great impression in the market through its future…

June 30, 2025

Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…

June 30, 2025

John Deaton Says Wall Street Greed Could Push XRP, ETH & SOL Into Treasuries

Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…

June 30, 2025

Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout

As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…

June 30, 2025

SEI Price Prediction 2025, 2026 – 2030: Will Sei Price Record A 2X Rally?

Story Highlights The SEI live Price is . Sei price could reach a high of…

June 30, 2025

Crypto Scam Network Exposed in Spain with Over 5,000 Victims

On June 25, Europol announced a major breakthrough as Spanish Guardia Civil, with support from…

June 30, 2025