Can Approval of Spot Ethereum ETFs Lead to Soaring Prices?
Thursday, 23 May 2024, 11:14
QCP Capital Forecasts Ethereum Price Surge with Spot ETF Approval
As per QCP Capital's prediction, the approval of spot Ethereum ETFs could lead to substantial price gains similar to Bitcoin's recent rally. The SEC's decision on spot Bitcoin ETFs in January triggered a 66% surge in Bitcoin prices to nearly $73,800, highlighting the potential impact of regulatory approvals on digital assets.
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