1 ETH = $14000 in 2025 ?

Here is the latest news about Ethereum translated into English:

1. U.S. SEC Approves Ethereum Spot ETF

In a highly anticipated development, the U.S. Securities and Exchange Commission (SEC) has granted approval for an Ethereum Spot Exchange-Traded Fund (ETF). This approval marks a significant step for the crypto industry and is expected to boost Ethereum's adoption by institutional investors.

2. Ethereum Price Surge

Following the ETF approval, Ethereum's price experienced a significant surge. On May 26, 2024, the price of Ethereum reached approximately $3,807.01, an increase of 1.56% from the previous day. This rise was driven by positive market sentiment and increased on-chain activity.

3. Impact of ETF Approval on the Market

The SEC's approval of the Ethereum Spot ETF has led to increased demand and pushed Ethereum's price up by about 26 percent to around Rp63 million. This indicates that regulators are increasingly accepting the presence of digital assets and opening new opportunities for investors to diversify their portfolios in a secure and regulated manner.

4. Market Reaction and Projections

The market has enthusiastically received this approval. Analysts from Standard Chartered Bank estimate that the launch of the ETH spot ETF could attract an inflow of funds ranging from 2.39-9.15 million Ether (ETH), equivalent to $15 billion-$45 billion, in the first 12 months. If Ether's performance remains stable or improves, they predict that this crypto asset could break through the $8,000 level by the end of 2024 and soar up to $14,000 by 2025.

Always use cold cash for trading.