Odaily Planet Daily News QCP Capital analysts said that the implied volatility (IV) of Ethereum options is currently higher than that of Bitcoin, indicating that traders expect Ethereum's price volatility to increase, which may be a response to the upcoming Ethereum spot ETF. QCP Capital analysts said: "As the market waits for new demand for spot Ethereum ETFs, bullish sentiment may continue, and the options market will definitely reflect this. Ethereum trading volume (IV) is still 15% higher than Bitcoin trading volume." (The Block)