Standard Chartered Bank expects the SEC to approve spot Ethereum ETFs this week. The bank forecasts that the approval could lead to net inflows of $15 billion to $45 billion in the first 12 months. Additionally, Standard Chartered has reiterated its year-end target for Ethereum at $8,000. Analyst Geoff Kendrick from Standard Chartered believes this approval will significantly boost Ethereum's value. The bank also predicts that Bitcoin will reach $150,000 by the end of 2024.