A high-ranking official from CoinShares, a digital asset management firm, believes that Ethereum (ETH) could experience a significant surge in value due to prevailing market conditions. In an interview with Scott Melker, James Butterfill, the head of research at CoinShares, stated that an anticipated shift in Federal Reserve policy could have a positive impact on both Bitcoin (BTC) and ETH. Butterfill explained that Ethereum might gain further momentum when the Fed begins reducing interest rates, primarily because of the potential launch of spot market ETH exchange-traded funds (ETFs) and a shortage of supply resulting from investors staking a substantial amount of the leading altcoin. He also pointed out that the introduction of new ETFs in July would prevent staking, leading to a potential supply squeeze and a subsequent sharp increase in prices. As of the time of writing, Ethereum is trading at $3,761, showing a decline of over 2% in the past 24 hours.