Stento Research: The ether exchange rate will exceed $6,500 after the launch of the ETH-ETF in the USA

According to a report by the research company Stento Research, the ether exchange rate will reach $6,500 after the approval of the ether ETF by the US authorities. The inflow of funds into the ETH-ETF may amount to $ 15-20 billion per year, analysts believe.

Stento Research has noticed that some experts are skeptical about future ETH ETFs and capital inflows. Despite this, analysts expect an increase in ether quotes.

"If the estimate of the inflow of funds is correct, the ratio of the price of ether to the price of bitcoin should increase significantly. According to our forecasts, ETH will reach $6,500 at the end of the year. So far, the market is dominated by a pessimistic view of ETH-ETFs," the authors of the report say.

Stento Research analysts believe that the future strong performance of ETFs will not only create purchasing pressure, but also indirectly encourage other market participants to purchase the asset. This will have a positive effect on the quotes.

After the launch of the ETH-ETF, other exchange-traded funds for cryptocurrencies may appear, experts believe. This should lead to increased interest in them from traditional investment funds.

Earlier, the author of the bestseller "Rich Dad, Poor Dad" Robert Kiyosaki criticized traditional and cryptocurrency exchange-traded funds (ETFs), calling them fake objects for investment.