Today in Markets

ETH Surges on ETF Approval

11 spot BTC ETFs were finally approved! Where to next?
Jack Inabinet Jack Inabinet Jan 10, 20241 min read
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market analysis ETH Surges on ETF Approval

After a tumultuous morning with a preemptive approval notice from CBOE that was later walked back, spot BTC ETFs at long last received approval! Crypto has reached a historic milestone, but where does the industry go from here?

Bitcoin’s 1.8% run-up immediately post-approval felt muted, considering that yesterday's faux approval Tweet garnered a momentary 2.7% increase in price.

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