We’ve already reported that the crypto space is on fire after Bitcoin managed to surpass the important level of $62k.

The whole crypto market is cheering following Valkyrie Bitcoin Strategy ETF approval. This is an enormous step for the whole crypto space, and Twitter is celebrating.

A few hours ago, it’s been revealed that the BTC futures ETF from ProShares will begin trading next week, an amended filing from the company reveals. This is definitely marking a milestone moment in the development of the crypto industry in the United States.

“The SEC had not formally approved the creation of BTC futures ETF as of Friday afternoon and the agency may never make a formal declaration of approval for it,” CNBC online publication notes.

BREAKING: It is official, Valkyrie Bitcoin Strategy ETF is approved!! pic.twitter.com/fsIZuUkgFT

— Dr. Julian Hosp (@julianhosp) October 15, 2021

At the moment of writing this article, BTC is trading in the green and the digital asset is priced at $61,173.30.

Ethereum bullish prediciton is out

There are all kinds of bullish predictions about digital assets these days and Ethereum is involved as well.

It’s been just reported that crypto strategist Michaël van de Poppe said that Ethereum can rally 200% against Bitcoin (ETH/BTC) in the coming months.

December is often the best period to buy #altcoins.

If history repeats, we might be getting a run of 200% on $ETH/BTC towards the ATH region from there, but first a heavier correction while #Bitcoin does well. pic.twitter.com/Op0grUEq3L

— Michaël van de Poppe (@CryptoMichNL) October 15, 2021

Analyst Pentoshi also had something exciting to say:

This def my last cycle friends

Hoping for $BTC to ath’s Then $eth / $sol rotation

Into a few select alt plays for alt season and hanging up the cleats

The last 18 months from bottoms to tops and tops to bottoms/ rotations have felt like time travel

— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 15, 2021

Stay tuned for more juicy news and make sure to keep your eyes on the price of digital assets.

The post Ethereum Massive Prediction: ETH To Explode By 200% Over Bitcoin first appeared on CryptoGazette - Cryptocurrency News.