"Spot Ethereum ETFs Poised for Approval, Potential Price Surge Ahead"
TL;DR Summary
QCP Capital predicts that the approval of spot Ethereum ETFs in the U.S. could drive ether's price up by 60% to around $6,000, similar to the price surge seen with Bitcoin after its spot ETF approval. The SEC is expected to make decisions on applications from VanEck and Ark Invest soon, with other major firms also in the running. Analysts are optimistic, but a denial could lead to a significant price correction.
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- Crypto just became a political football, and ether is the early winner Yahoo Finance
- QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs – News Bytes Bitcoin News Bitcoin.com News
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