QCP Capital Predicts ETH Prices To Reach $6000 Post ETH ETF Approval

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Author: Elena R

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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QCP Capital predicts Ethereum prices to reach around $6000 if spot ETH ETFs are approved in the US, similar to a trend Bitcoin showed following spot BTC ETFs approval. Analysts at Berstein also hold similar views. The SEC has its final deadlines on Thursday and Friday to decide on the approval or denial of the applications for spot ETH ETF by VanEck and ArkInvest. Invesco, Fidelity, BlackRock, Grayscale, Franklin Templeton, and Bitwise are also among the spot Ethereum ETF applicants.

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