VanEck analysts predicted the growth of Ethereum cryptocurrency to a record $ 22,000

The international investment company VanEck, which has applied to list an exchange-traded fund (ETF) for ethereum, has predicted that ETH will rise to $ 22,000. This will be a significant jump from the current level of about $ 3,850. According to analysts, ethereum will soar to such a high level because of the disruptive power of the ETF and the cash flows generated for token holders.

Ethereum is disrupting the financial, banking, payment, marketing, advertising, social, gaming, and artificial intelligence industries, VanEck writes. «We expect that spot ether ETFs are nearing approval for trading on US stock exchanges,» the report says.

«This development will allow financial advisors and institutional investors to hold this unique asset in the safety of qualified custodians, as well as benefit from the price advantages and liquidity that are characteristic of ETFs.»

According to VanEck, the disruptive force pushing ethereum to $ 22,000 is that Ethereum-based technology can offer lower costs, increased efficiency, and greater transparency. This shift threatens to shift a significant portion of the $ 15 trillion market from traditional financial and technology institutions to blockchain-based solutions.