QCP Capital: Referring to the impact of the BTC ETF, if the ETH ETF is approved, Ethereum could rise by 60%

ChainCatcher message, the encrypted investment firm QCP Capital stated on social media: "All eyes are on the ETH ETF deadline today, with implied volatility exceeding 100% on Friday, the market expects significant movements; BlackRock and five other issuers have amended their ETF application documents to the SEC, and VanEck's ETF has been listed by DTCC (Depository Trust & Clearing Corporation). We believe the likelihood of approval is very high now, and trading is expected to begin next week. The ETH ETF may be a done deal. If the approval of the BTC ETF serves as a reference, the price of ETH could also see a similar 60% increase."