Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Analyst VanEck raised his Ethereum price target to $22,000 by 2030.
ADOPTION NEWS

Analyst VanEck raised his Ethereum price target to $22,000 by 2030.

By Crypto FlexsJune 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analyst VanEck raised his Ethereum price target to ,000 by 2030.
Share
Facebook Twitter LinkedIn Pinterest Email

Analysts at VanEck, an American investment firm that applied to list a spot Ether ETF, said they had raised their 2030 Ethereum price forecast. Ethereum ETH

+1.08%
Up to $22,000.

VanEck faced Matthew Sigel, Patrick Bush and Denis Zinoviev on Wednesday.

The company is one of several Wall Street investment managers currently seeking to list a spot Ether ETF after successfully launching a spot Bitcoin ETF in January. The U.S. Securities and Exchange Commission (SEC) approved the spot Ether ETF last month. Investors who purchase exchange-traded funds can profit when the price of a cryptocurrency rises without having to purchase tokens directly. Likewise, ETF sponsors earn fee income as more assets accumulate in their funds.

“We expect a spot ether ETF to be close to approval to be traded on a U.S. stock exchange,” VanEck analysts said in a note. “This development allows financial advisors and institutional investors to hold this unique asset with the security of a qualified custodian and enjoy the pricing and liquidity benefits of an ETF.”

Once listed, a spot Ethereum ETF could attract $3.1 billion to $4.8 billion in net inflows in its first five months of trading, according to K33 Research.

According to a company spokesperson, the author of the VanEck report “holds positions in Ethereum, either directly or through private funding.” “The information contained herein represents the opinions of the author and not necessarily those of VanEck or any other staff member,” according to the report.

Ethereum’s continued growth

According to the report, “The Ethereum network is likely to continue its rapid market share growth from traditional financial market players and, increasingly, big tech players.” “If we do so while maintaining our dominant position among smart contract platforms, we could deliver $66 billion in free cash flow to token holders supporting $2.2 trillion in assets by 2030, or $22,000 per coin. “I can see a clear path.”

The $22,000 price target represents the author’s base case price target. Bullish and bearish price predictions were $154,000 and $360, respectively.

“We believe that ETH is a revolutionary asset with few analogues in the world of non-crypto finance. ETH can be thought of as ‘digital oil’ because it is consumed by participating in Ethereum activities,” the authors also wrote.

The price of Bitcoin has risen 54% since the spot Bitcoin ETF began trading in January, from about $46,000 to about $71,000, according to the Block Price Page. Top Wall Street firms such as BlackRock and Fidelity have launched spot Bitcoin ETFs with VanEck.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

InFocus Launches Digital Ventures Strategy With Mythos Group To Push Into Blockchain, AI And Bitcoin

September 1, 2025

WorldShards Announces Partnership With ByBit And TGE Date

September 1, 2025

EcoSync & CarbonCore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3

September 1, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025
Most Popular

Ethereum Faces 30% Drop After Spot ETF Launch

August 21, 2024

Bitcoin ends the week on a calm note

December 18, 2023

A look at the performance of Avalanche and Aptos during token unlocking

December 8, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.