Predicted Ethereum's price will increase significantly if the ETF is approved and attracts new investors, leading BlackRock to buy the underlying asset.
"if black rock is actually buying the underlying asset if they're buying ethereum which in this case they say they are which is good that would increase ethereum's price because if we get a new influx of investors like grandpa and grandma and they're excited they want to put ethereum and Bitcoin into their 401ks and IRAs and retirement accounts that would mean Black Rock I shares or one of their trustees would have to buy said underlying asset they would have to buy the ethereum because it represents the ey shares therefore increasing e ethereum's price"
