PANews reported on April 23 that, according to CoinDesk, Standard Chartered Bank said in its latest report that it is unlikely to approve exchange exchange-traded funds (ETF) that hold Ether coin (ETH) in May. In addition, the bank reiterated its forecasts for the Bitcoin and end-of-Ether coin price targets of $150,000 and $8,000, respectively. Despite the recent negative pressure on the market, Standard Chartered believes the market is ready to resume rising. At the same time, the bank noted that the inflow of funds into Bitcoin Spot ETF has slowed due to the rise of macro risks.
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PANews reported on April 23 that, according to CoinDesk, Standard Chartered Bank said in its latest report that it is unlikely to approve exchange exchange-traded funds (ETF) that hold Ether coin (ETH) in May. In addition, the bank reiterated its forecasts for the Bitcoin and end-of-Ether coin price targets of $150,000 and $8,000, respectively. Despite the recent negative pressure on the market, Standard Chartered believes the market is ready to resume rising. At the same time, the bank noted that the inflow of funds into Bitcoin Spot ETF has slowed due to the rise of macro risks.