QCP Capital: If the Ethereum ETF is approved, ETH will approach $4,000 in the short term, and if rejected, it will fall back to $3,000

CoinVoice recently learned that the investment institution QCP Capital said on the social platform that regarding the rumors that the US Securities and Exchange Commission (SEC) may (regard Ethereum spot ETF), its view is that the spot price is unlikely to stabilize here. If approved, the price will be closer to the short-term target of $4,000, or $5,000 later this year. If rejected, the price will fall back to $3,000. This uncertainty leads to higher volatility, but the better deal may be the spot futures basis, and now the yield is again over 10%. [Original link]