Yes it's already having postive impact in the price of ETH and this may be the factory which will help Ethereum to breach it's previous ATH and we will surely witness huge buying volume for ETH at the moment and this is not the end but more coins will apply for ETF which will bring a new revolution in the crypto world eventually coinciding with the most expected event of bullrun this year end or next year.
I hope so. Ethereum is gonna be the only factor that will be really helpful to push altcoin season to come as soon as possible. Im not even putting a lot of hope to the bitcoin.. Altcoins are still stuck in the same place even when bitcoin has been pumping so crazily surpassed its ATH.
Ethereum ETF may be able in helping altcoin to eat bitcoin's dominance in the crypto market. I have heard that if grayscale has been also adding more altcoins to the trust.
It may be opening the possibility for altcoin to be listed on the ETF next year. Anything is always possible to happen this time. Things have been going very well for bitcoin and the whole of crypto.
We need big amounts of money to inflow again soon. It will help crypto to be pumped once again. Bitcoin has been showing steading growing and this is pretty damn good for us for long term. Im still believing bitcion will able to reach more than 80k soon.