QCP Capital predicts spot Ethereum ETF approvals could drive p | Bitcoin Ethereum and NFTs News 📲
QCP Capital predicts spot Ethereum ETF approvals could drive prices higher
Crypto asset trading firm QCP Capital suggested that if spot Ethereum exchange-traded funds are approved in the U.S., the price of ether could rally 60% in the coming weeks to around $6,000 — if the spot Bitcoin ETFs are anything to go by. Bitcoin rose 66% from around $44,500 to a peak of $73,800 in the two months following the Security and Exchange Commission’s approval of spot Bitcoin ETFs on January 10, according to The Block’s price page.
