Odaily News Cryptocurrency market maker QCP Capital analyzed that before the launch of the Ethereum ETF, the price of ETH continued to rise, with an increase of 35% in two weeks and currently close to $4,000. Cryptocurrency market maker QCP Capital said that this price trend may be due to the pro-cryptocurrency remarks made by former President and current 2024 Republican leading candidate Donald Trump over the weekend. "From the price action, market participants seem to be bullish on ETH rather than BTC, especially once the ETH spot ETF begins trading, there will be potential institutional demand," QCP Capital said in its regular market update. (TheBlock)