Can Ethereum [ETH] Hit $3,500 This Weekend?

The price of Ethereum could see a boost due to factors like market sentiment, regulatory concerns, and the launch of exchange-traded funds (ETFs). The Securities and Exchange Commission (SEC) and potential ETF issuers are ironing out concerns in S-1 filings, with eight spot Ether ETFs currently in the market. Chief compliance officer Katherine Dowling notes that the launch date is still pending, but signs point to a close finish line. Once authorized, Ethereum ETFs can be put up for sale.