A senior executive from CoinShares, a digital asset management company, has expressed optimism about the future of Ethereum (ETH) due to potential market conditions. James Butterfill, head of research at CoinShares, believes that both Bitcoin (BTC) and ETH could experience a surge in value as a result of an anticipated shift in the Federal Reserve’s policies. Butterfill suggests that Ethereum could benefit from the introduction of spot market ETH exchange-traded funds (ETFs) and a scarcity of supply caused by investors staking a significant amount of the top altcoin. He also highlights the possibility of a supply squeeze and subsequent price increases when the new ETFs are launched in July. As of now, Ethereum is trading at $3,761, reflecting a decrease of over 2% in the past 24 hours.
