Ether Little Changed After SEC Approval for ETH ETFs in the US

Ether remained relatively stable following the SEC's approval of ETH ETFs in the US, trading at around $3,500, a 0.2% increase from 24 hours ago. The wider digital asset market, as measured by the CoinDesk 20 Index, decreased by 1.3%. Some analysts predict that the ETFs could drive the ether price up to $6,500, but inflows are not expected to be as high as for bitcoin ETFs. Citi upgraded its rating for Coinbase shares to buy from neutral and raised its price target to $345 from $260, citing an improving regulatory environment and increased confidence in its legal strategy.