Valkyrie’s Chief Investment Officer claims that BTC could reach $150,000 this year, but ETH may be classified as a security

ChainCatcher news, according to Fox Business reporter Eleanor Terrett on the 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 a spot 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 receive approval.

In addition, Steven McClurg predicts that Bitcoin may reach $150,000 in 2024.