Crypto-related stocks includingCoinbase Global(NASDAQ:COIN),MicroStrategy Inc.(NASDAQ:MSTR),Marathon Digital Holdings(NASDAQ:MARA) and others showed subdued reactions toNate Geraci, president ofThe ETF Institute, anticipating approvals for spotEthereum(CRYPTO: ETH) this week. However, analysts are deliberate about how the ETF would impact ETH price.

What Happened:The launch of spot Ether exchange-traded funds (ETFs) could potentially lead to a 30% drop in Ether's price, warnsAndrew Kang, founder and partner atMechanism Capital. Kang suggests that Ether's price could plummet from its current value of $3,410 to as low as $2,400, CoinTelegraph reported...