TLDR Crypto · MARKETS & BUSINESS

VANECK RAISES 2030 ETH PRICE TARGET TO $22K

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Summary from the TLDR Crypto newsletter

Influenced by the ETF news, technological improvements, and onchain data, asset manager VanEck has raised its 2030 ETH price target to $22k. This is its base case, with a bull case of $154,000 and a bear case of $2,477. VanEck also reported on how ETH and BTC perform in traditional and crypto-specific portfolios, finding that a 6% allocation in a traditional portfolio can improve risk-adjusted returns.