Ethereum ETF Approval Could Boost ETH to $4K: Standard Chartered

Standard Chartered Bank has projected a bullish rally for Ethereum, anticipating a major surge in its value following potential ETF approvals. Geoffrey Kendrick, the bank’s head of forex and digital assets research, recently highlighted May 23 as a crucial date. This is when the SEC might greenlight the first batch of U.S. spot Ethereum ETFs, aligning with a similar timeline previously seen with Bitcoin ETFs.