Crypto markets set for a strong June on ETH spot ETF expectations, positive macro backdrop

“The crypto market is set for a bullish June as expectations for the approval of an Ethereum (ETH) spot ETF increase,” reports CryptoBriefing, citing multiple industry insiders. “Once the ETH spot ETF starts trading, it could spread positive sentiment in the market, and the long-term outlook for 2024 is bullish,” said Tristan Frizza, founder of Solana-based DeFi platform Zeta Market. Darren Franceschini, co-founder of crypto trading platform Fideum, said: “The current macroeconomic situation is positive and could be bullish for both crypto and traditional financial markets.” The outlet also cited the European Union (EU) parliamentary elections and the U.S. presidential election as important events that could have implications for crypto policy.