QCP Capital: If the ETH spot ETF can receive 10% -20% of the capital flow of the BTC ETF, it will drive the price up beyond $4,000

On June 19, QCP Capital posted on the official channel that the ETH spot price rebounded sharply from the early low of $3,400 today, and the implied volatility rose to 65% on the front end. Despite the uncertainty surrounding the acceptance of ETH spot ETFs, capturing 10-20% of Bitcoin ETF traffic could push ETH above $4,000.