Bitcoin rises as high as $49,000 briefly as first U.S. crypto ETFs begin trading
Publishing timestamp: 2024-01-11 11:39:01
Summary
Bitcoin rose after the SEC approved the first-ever spot bitcoin ETFs to trade in the US. The approval is seen as a positive development for the crypto industry, but short-term price moves may be volatile. Ether also saw a price increase, and there is speculation about the approval of an ETH ETF. BlackRock, Invesco, Ark, VanEck, and Grayscale are among the firms seeking approval. Ether has lagged behind bitcoin in price performance.
Sentiment: MIXED
Tickers: IREN, MARA, CLSK, GBTC, RIOT, LINK.CM=, MATIC.CM=, ETHE, IVZ, BLK, BTC.CM=, ETH.CM=,
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