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Following the landmark approval of spot Bitcoin exchange-traded funds (ETFs) on January 11, the Ethereum (ETH) community started envisioning a similar investment product of their own.
Hester Peirce, a commissioner at the United States Securities and Exchange Commission (SEC), has stated that the SEC should not require a lawsuit to approve spot Ethereum (ETH).
Cryptocurrencies reversed direction on Wednesday after several days of losses that followed the much-awaited ETF approval by the U.S. Securities and Exchange Commission in the second week of January.
Bitcoin (BTC) price is attempting a recovery barely 24 hours after speculation of a “respectable correction” that was expected to send BTC to the $35,000 range.
Cryptocurrencies shed more than 5 percent in the past 24 hours, dragging overall crypto market capitalization to $1.51 trillion..