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Expat Investment Planning ✌️【Employment Opportunities】✌️From ₹500 to exponential growth. Start investing now for high returns!Approval of spot ether (ETH) exchange-traded funds (ETF) in the U.S.

could drive a rally of as much as 60% in the second-largest cryptocurrency in the coming months, QCP Capital said in a Thursday broadcast on TelegramThe forecast echoes the market reaction after spot bitcoin ETFs were approved in January, the Singapore-based firm said.

Expat Investment Planning ✌️【Employment Opportunities】✌️From ₹500 to exponential growth. Start investing now for high returns!Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETFs started trading on Jan.

11,CoinGecko datashows."With Friday implied volatility above 100%, the market is expecting fireworks," QCP said.

"VanEck’s ETF has been listed by the DTCC.

Expat Investment Planning ✌️【Employment Opportunities】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!We think approval is now highly likely with trading expected as early as next week.”Implied volatility measures the market's expectation of future price fluctuations for a financial instrument.Buying activity increased on both centralized and blockchain-based crypto exchanges, on-chain analytics firm CryptoQuant said in a Wednesday report.

Holders bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023, asreports of a favorable decision emergedand someanalysts bumped odds to over 75%from the earlier 25%.Open interest on ether-tracked futures spiked in tandem to a record $14 billion.

Expat Investment Planning ✌️【Employment Opportunities】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.That's 67% of bitcoin open interest as of Wednesday, an unusually high level.Activity also increased at the Chicago Mercantile Exchange, an exchange favored by institutions, with ether futures hitting a record notional $2.Expat Investment Planning Trusted Blockchain Investment Platform: High Returns