Odaily Planet Daily News QCP Capital said that despite the negative news about Mt. Gox and last week's DMM hack, the market remains stubbornly bullish. QCP Capital believes that the market continues to be bullish because the market is waiting for new demand from Ethereum spot ETFs. The options market reflects this, and Ethereum volatility is still 15% higher than Bitcoin volatility. Another reason for continued bullishness is that speculators are increasing their long positions in anticipation of the approval of spot ETFs for other mainstream cryptocurrencies in the near future.