ETH USD Price: Will Ethereum Bulls Push Higher To Over $4,500 Despite Stagnant Market?

The UK is set to approve Ethereum ETPs on the London Stock Exchange, potentially boosting the ETH USD price. Despite the expected lift, markets have been stagnant, with ETH USD down 4% in the past week and over $1,000 away from all-time highs. Traders remain bullish, with a long-short ratio averaging over 2.5 on Binance, but trading volume has declined. The listing of Ethereum ETPs could spark a recovery, but it remains to be seen whether it will be enough to push prices above $4,500.

The UK is set to approve Ethereum ETPs (Exchange-Traded Products) on the London Stock Exchange, a move that could potentially boost the ETH USD price. Despite the expected lift, markets have been stagnant, with ETH USD down 4% in the past week and over $1,000 away from all-time highs. Traders remain bullish, with a long-short ratio averaging over 2.5 on Binance, but trading volume has declined. The listing of Ethereum ETPs could spark a recovery, but it remains to be seen whether it will be enough to push prices above $4,500.

The Financial Conduct Authority (FCA) recently lifted its ban on retail crypto ETPs, enabling everyday investors to access Bitcoin and Ethereum through regulated products. This regulatory shift opens up new investment opportunities for retail investors, who can now buy shares in ETPs via familiar brokerage accounts, ISAs, and SIPPs, reducing risks associated with unregulated exchanges UK Retail Investors Gain Regulated Access to Bitcoin and Ethereum ETPs^[1].

The approval of Ethereum ETPs on the London Stock Exchange follows the launch of Bitcoin ETPs by providers like 21Shares, Bitwise, and WisdomTree. These ETPs are physically backed by the underlying cryptocurrencies, offering transparency and security. Fees for these products are notably low, ranging from 0.05% to 0.35%, making them accessible for long-term holding .

The expected approval of Ethereum ETPs could increase liquidity and accessibility for the cryptocurrency, potentially driving up its price. However, the impact on the ETH USD price remains uncertain. Traders are bullish on Ethereum, with a long-short ratio averaging over 2.5 on Binance, but the recent decline in trading volume suggests a lack of urgency among investors. The listing of Ethereum ETPs could provide a catalyst for a price recovery, but it will depend on how the market reacts to the increased accessibility and liquidity.

The FCA's phased approach to crypto regulation aims to balance innovation with financial stability. While ETPs are now available, broader crypto derivatives remain restricted, keeping investors protected. The UK is working on new rules for stablecoins, lending, staking, custody, and crypto trading, expected by 2026 .

In conclusion, the approval of Ethereum ETPs on the London Stock Exchange could potentially boost the ETH USD price, but the impact remains uncertain. The move could increase liquidity and accessibility for the cryptocurrency, but it will depend on how the market reacts. As rules evolve by 2026, investors are poised for confident growth in the crypto space—consider exploring these ETPs to secure your portfolio's future today.