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Top related persons:
— - 2 bitcoin - 2 Nikolaos Panigirtzoglou - 1 CoinDesk - 1 Rachel Lin - 1 Alex Kuptsikevich - 1 QCP - 1 Geoff Kendrick - 1
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Service - 2 Chartered - 2 Street - 1 Securities and Exchange Commission - 1 Bulls - 1 JPMorgan - 1 Citi - 1 Steno - 1

Search resuls for: "QCP"


2 mentions found


☆ Ether ETFs are coming. Here's how Wall Street sees the funds impacting the world's 2nd-biggest crypto
  + stars: | 2024-07-21 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +4 min
Spot ether ETFs could launch as soon as July 22, reports say. Wall Street has issued a range of outlooks on how the world's second-largest cryptocurrency will move once the ETFs launch. The bank expects these funds to drive $15 billion to $45 billion worth of ether inflows in a 12-month window. Bulls derived their confidence from how bitcoin behaved after its spot ETFs launch in January. They noted bitcoin's first-mover advantage and stressed that the ether token offers functionality that wouldn't be accessible through the ETFs, thus limiting demand.
Persons: —, bitcoin, Nikolaos Panigirtzoglou, CoinDesk, Rachel Lin, Alex Kuptsikevich Organizations: Street, Service, Securities and Exchange Commission, Chartered, Bulls, JPMorgan, Citi, Steno, Reuters, Galaxy Digital, ETH, Business
☆ Ether could surge 60% after ETFs are approved, trading firm says
  + stars: | 2024-05-23 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +2 min
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. Eyes are currently on the second-biggest cryptocurrency as US regulators are deciding on whether to approve the first ether spot ETFs in the country. That token's stellar run was set off in mid-January when the SEC similarly greenlit spot bitcoin ETFs. What's more, head of FX Research Geoff Kendrick wrote that the spot ether ETFs are unlikely to stumble on the same issues that tormented bitcoin, such as heavy inflow volatility.
Persons: —, bitcoin, QCP, Geoff Kendrick Organizations: QCP, SEC, Service, BlackRock, [ Depository Trust, Clearing Corporation, Chartered, FX
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