The announcement did not really surprise the market, which was obviously expecting it. On May 20th, a few days ago, Ethereum saw its price jump in a manner unprecedented in recent years, as it gained approximately 20% in a single day. Since then, it has been near $4,000, before falling slightly today, to around $3,600.
Let us remind you that Bitcoin, whose price was just over $40,000 last January, managed to almost double its price in less than three months thanks to ETF money. Will Ethereum follow the same path and explode its ATH (All Time High, or record) by the end of the summer?