Ethereum Poised to Surpass All-Time High Amid Ether ETF Anticipation

Ethereum (ETH) is expected to surpass its record peak before Bitcoin (BTC) regains momentum, according to market analyst Michaël van de Poppe. The anticipated launch of Ether spot ETFs in the United States could boost demand for altcoins and reduce Bitcoin's market dominance. As of writing, ETH/USD trades at around $3,850, still below its previous high of $4,900. Meanwhile, BlackRock's IBIT has overtaken Grayscale Bitcoin Trust (GBTC) as the world's largest Bitcoin ETF.