Investment management firm VanEck has announced an increase in its 2030 Ethereum (ETH) price target to $22,000. The move was influenced by Ethereum ETF news, scaling progress and on-chain data. VanEck is an asset management firm with a spot Bitcoin ETF and pending Ethereum ETF applications. Analysts predict that Ethereum will follow Bitcoin's path and rise to new all-time highs as the spot Ethereum ETF goes live.