Valkyrie chief investment officer says BTC could reach $150,000 within the year, but ETH may be recognized as a security

According to Fox Business reporter Eleanor Terrett on X platform, Valkyrie Chief Investment Officer Steven McClurg stated at the Digital Wildcatters Empower Conference that ETH may be recognized as a security, and it is unlikely that an Ethereum ETF will be approved in May. He believes that before a spot Ethereum ETF is approved, a spot LTC or spot XRP ETF may be more likely to be approved. In addition, Steven McClurg predicts that Bitcoin may reach $150,000 by 2024.

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