Odaily Planet Daily News QCP Capital said in a statement that regarding the rumors that the U.S. Securities and Exchange Commission (SEC) may (for Ethereum spot ETF), the company's view is that the spot price is unlikely to stabilize here; if approved, the Ethereum price will be closer to the short-term target of $4,000, or $5,000 later this year; if not approved, the Ethereum price will fall back to $3,000. This uncertainty has led to higher volatility, but the better trade may be the spot futures basis, which now yields more than 10% again.