Kaiko Research: Changes in US SEC leadership may boost market demand, and ETH may benefit from it
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Odaily Odaily Kaiko Research data shows that the price of Ethereum (ETH) recently hit an annual high of $4,000. Despite briefly outperforming Bitcoin (BTC) after the US election, ETH has not yet tested its all-time high of about $5,000 in 2021. However, the price of ETH stabilized at around $4,000 last weekend, indicating that it may be expected to test a new price range. The rise in ETH prices coincides with the market's rebound in interest in ETH ETFs, which set a record for historical capital inflows last week. Institutional investors have significantly increased their interest in ETH and are looking forward to potential gains in 2025. In addition, changes in the leadership of the U.S. Securities and Exchange Commission (SEC) may further drive market demand, and ETH may become an important beneficiary of this change.
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