Ethereum Set For 60% Rally Following ETF Approval, Says Expert: 'The Market Is Expecting Fireworks'
Ethereum Set For 60% Rally Following ETF Approval, Says Expert: 'The Market Is Expecting Fireworks'
The price of Ethereum (CRYPTO: ETH) could soar by 60% following the approval of the first-ever Ethereum spot exchange-traded funds by U.S. regulators, according to a leading crypto trading firm.
一家领先的加密交易公司表示，在美国监管机构批准首只以太坊现货交易所交易基金后，以太坊（CRYPTO：ETH）的价格可能飙升60％。
What Happened: The Securities and Exchange Commission has approved the first Ethereum spot ETFs in the U.S. This decision could lead to a significant surge in the value of the second-largest cryptocurrency, according to a post on Telegram from the crypto trading firm QCP Capital.
发生了什么：根据加密交易公司QCP Capital在电报上发布的一篇文章，美国证券交易委员会已经批准了美国首批以太坊现货ETF，这一决定可能导致第二大加密货币的价值大幅上涨。
QCP Capital predicted a 60% increase in the value of Ethereum after the ETF approval. The news of the potential approval has already caused Ethereum's price to surge by nearly 20% since Monday.
QCP Capital预测，ETF批准后，以太坊的价值将增长60％。自周一以来，可能获得批准的消息已经导致以太坊的价格上涨了近20％。
"With Friday implied volatility above 100%, the market is expecting fireworks," QCP wrote.
QCP写道：“由于周五的隐含波动率超过100％，市场预计会有烟花爆发。”
QCP Capital also pointed out that the approval of Bitcoin (CRYPTO: BTC) ETFs in January led to a significant surge in Bitcoin's value. Since then, Bitcoin has reached an all-time high of over $73,000. This has also resulted in a substantial increase in Ethereum purchases, with CryptoQuant data showing an 85% rise in Ethereum taker buy volume since May 1.
QCP Capital还指出，比特币（加密货币：BTC）ETF在1月份的批准导致比特币的价值大幅上涨。从那时起，比特币已达到超过73,000美元的历史新高。这也导致以太坊购买量大幅增加，CryptoQuant的数据显示，自5月1日以来，以太坊接受者的购买量增长了85％。
Why It Matters: The potential approval of Ethereum ETFs by the SEC could have a significant impact on the cryptocurrency market. The approval of Ethereum ETFs would open the door for mainstream investors to access the cryptocurrency, potentially leading to a surge in its value. This development could also affect other cryptocurrencies, such as Solana, which may find it harder to outperform Ethereum after the ETF approval.
为何重要：美国证券交易委员会可能批准以太坊ETF可能会对加密货币市场产生重大影响。以太坊ETF的批准将为主流投资者打开访问该加密货币的大门，这可能会导致其价值飙升。这一发展还可能影响其他加密货币，例如Solana，在ETF批准后，Solana的表现可能会更难超过以太坊。
Moreover, the potential approval of Ethereum ETFs could have political implications. As Cathie Wood predicted, crypto could be a significant issue in the 2024 White House race. The approval of Ethereum ETFs could further solidify the importance of crypto in the political landscape.
此外，以太坊ETF的潜在批准可能会产生政治影响。正如凯西·伍德所预测的那样，加密货币可能成为2024年白宫竞选中的一个重要问题。以太坊ETF的批准可能会进一步巩固加密在政治格局中的重要性。
Additionally, the potential approval of Ethereum ETFs could bring back the "animal spirits" to the crypto market, as predicted by a crypto trader.
此外，正如加密交易者所预测的那样，以太坊ETF的潜在批准可能会将 “动物精神” 带回加密市场。
Price Action: Ether is trading at $3,672, down nearly 3% in the last 24 hours, however, the coin is up nearly 20% this week and 56.08% up year to date.
价格走势：以太币的交易价格为3672美元，在过去24小时内下跌了近3％，但是，该代币本周上涨了近20％，今年迄今上涨了56.08％。
Image Via Shutterstock
图片来自 Shutterstock
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
这个故事是使用 Benzinga Neuro 创作的，由 Kaustubh Bagalkote 编辑