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
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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