According to analysts from QCP Capital, the implied volatility (IV) of Ethereum options is currently higher than Bitcoin, indicating that traders expect increased price volatility in Ethereum, possibly in response to the upcoming Ethereum spot ETF launch. QCP Capital analysts stated: “With the market awaiting new demand for the Ethereum spot ETF, bullish sentiment may continue, and the options market will certainly reflect this, with Ethereum trading volume [IV] still 15% higher than Bitcoin trading volume.”