# ETH Surges on ETF Approval

*Author: Bankless*
*Published: Jan 10, 2024*
*Source: https://www.bankless.com/fr/etf-approved*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/01/coin_guy_2-49--3-.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=3-airdrop-hunting-power-moves&email=true)

  

     ETH Surges on ETF Approval
  
  

  
  Published on Jan 10, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
   Approved at Last!
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/01/Group-14--8-.png)- 😇 **ETF approval finally confirmed.** Crypto sweated through it until the last second, but on Wednesday afternoon, [all 11 spot BTC ETFs were approved by the SEC](https://x.com/BanklessHQ/status/1745187858862789015?s=20) for trading across CBOE, NYSE, and Nasdaq exchanges. Yay!
- 🙈 **X confirms SEC didn't have 2FA.** The SEC's faux announcement probably could've been avoided if they had done the bare minimum security practices. [X confirmed that the account didn't have 2FA enabled](https://x.com/Safety/status/1744924042681897343?s=20).
- 🚀 **ETH ecosystem rips. **Which ETF got approved again? [Arbitrum, Optimism, Rocket Pool, and Lido surged Wednesday](https://x.com/DefiIgnas/status/1745192464246292556?s=20).

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    ETH Surges on ETF Approval
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/01/image--87-.png)](https://www.bankless.com/eth-surges-on-etf-approval)📊** ETF invigorates ETH.** After a tumultuous morning with a [preemptive approval notice](https://x.com/WatcherGuru/status/1745117733220425831?s=20) 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?*

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.77T
       

  
    
    ↗ 3.5%
    
  

   
    
    ↗ 8.6%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $46,450
       

  
    
    ↗ 0.9%
    
  

   
    
    ↗ 8.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,538
       

  
    
    ↗ 8.1%
    
  

   
    
    ↗ 14.8%
    
  

  

[Unlock Today's Full Market Analysis](https://www.bankless.com/eth-surges-on-etf-approval)

.  .  .

 
  
    

    ANALYSIS

  
  
    
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