Ethereum ETF “value” is acknowledged by CEO Larry Fink as ETH’s price rises sharply in both U.S. dollar and BTC terms.
Ether (ETH) has gained more than 20% against Bitcoin (BTC) in 72 hours, and traders see further upside to come.
Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC rising from yearly lows of 0.0478 on Jan. 9 to hit 0.0587 on the day.
ETH/USD is also busy breaking out, seeing levels absent from the chart since mid-2022.
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Source: https://cointelegraph.com/news/ether-price-jumps-20-bitcoin-blackrock-ethereum-etf