Ether could surge 60% after ETFs are approved, trading firm says

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• The price of ether could rise 60% if spot ETFs are approved, QCP Capital wrote.
• The previous success of spot bitcoin ETFs serves as an example of potential upside.
• The SEC has hinted it's ready to approve fund proposals, which could happen in the coming days.

Ether could be on the brink of a steep rally if it's able to imitate the ETF-approval-driven gains bitcoin achieved since January.

Eyes are currently on the second-biggest...