The date January 10, 2024 is now written in golden letters in the annals of crypto. Indeed, the wait for this deadline for months by the crypto and financial community was not in vain, as it resulted in the approval of a Bitcoin spot ETF. The decision of the Securities and Exchange Commission (SEC) was eagerly awaited on this date. And she is supportive. Now, a positive impact is expected on bitcoin (BTC). But this prospect could impact the entire crypto industry, including Ethereum. In this context, effects on the market for Ether (ETH), Ethereum's native crypto, are also envisaged. That said, how would ETH react to this new situation? Let's see it together in this article.
The article Approval of a Bitcoin Spot ETF: What are the implications for the Ethereum ecosystem? appeared first on Cointribune.
