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finance affordable experts cloud computing ✌️【Investment Tools】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.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.

finance affordable experts cloud computing ✌️【Investment Tools】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.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.

finance affordable experts cloud computing ✌️【Investment Tools】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!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.

finance affordable experts cloud computing ✌️【Investment Tools】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.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.finance affordable experts cloud computing ✌️【Investment Tools】✌️Get started with ₹500 and enjoy secure and high returns every month!