• Eric Balchunas predicts that ETH ETFs will receive 10-15% of BTC ETF inflows

• Fidelity filed an updated Form S-1 with the SEC for its Ether spot exchange-traded fund

• Standard Chartered Bank gives an 80-90% chance that the ETH ETF will be approved this week, resulting in inflows of $15 billion to $45 billion in the first year

Thanks to the ETF, the price of ETH could reach $8,000 by the end of 2024, but on the assumption that the price of BTC will be $150,000

• Open interest in ETH futures increased by $1 billion in an hour

The amount of current outstanding contracts exceeded $15.13 billion