Ether (ETH), the second-largest cryptocurrency by market value, could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based exchange-traded funds (ETF) will likely win regulatory approval in the U.S., Standard Chartered Bank said in a report on Tuesday.
![Ether Could Hit ,000 With Likely Spot ETH ETF Approval in May: Standard Chartered Ether Could Hit ,000 With Likely Spot ETH ETF Approval in May: Standard Chartered](https://www.coindesk.com/resizer/WRTmDMWko3HktSrXYtRMaX1eMsI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XGB7SMYTPJCLRLEZ3DAS3E37JI.jpg)