![Crypto exchanges see B Ethereum exit since ETF approvals Crypto exchanges see B Ethereum exit since ETF approvals](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvNWVkNWM0NmUtYTE1Yi00MGFlLWJkMWMtNzkwZmU2Zjc4MWM0LmpwZw==.jpg)
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years. Source link
![Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward K Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward K](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvMDk5NTA0M2MtNjg2Yi00ZGEwLWFjMTEtNmNkMGZiZDQxMDdkLmpwZw==.jpg)
With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000. Source link
![Ether surges 18% amid new hope for spot Ether ETFs approvals Ether surges 18% amid new hope for spot Ether ETFs approvals](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvMDQ3Y2MxODAtNGNmMi00MmE1LThlNGEtOGUyZmVjMWQ0YTc1LmpwZw==.jpg)
If a 19b-4 spot Ether ETF filing be approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch. Source link
![Bloomberg Expert Says Ethereum ETF Approvals Are Overhyped Next To Bitcoin Bloomberg Expert Says Ethereum ETF Approvals Are Overhyped Next To Bitcoin](https://cryptopotato.com/wp-content/uploads/2024/01/Ethereum_etf.jpg)
Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs…