Ethereum experienced a lifeline-changing moment last as the Securities and Exchange Commission (SEC) in the US pivoted towards spot ETFs. The hype around Ethereum ETFs exploded early last week backed by Bloomberg analyst Eric Balchunas, after he revised his prediction from 25% to 75%. Following the approval news, ETH price rallied but continued to trade The post When Is ETH Price Likely To Hit $5,000 Following Ethereum ETF Approval? appeared first on CoinGape .