SEC Approves Spot Bitcoin ETFs; Crypto Market Sees Modest Gains
• SEC approved trading of spot Bitcoin ETFs on Wednesday as expected
• Bitcoin price choppy since news - currently around $45,814
• Ethereum rose above $2,500 for the first time since May 2022 on Wednesday
• Ethereum scaling networks Arbitrum and Optimism saw native tokens surge over 10%
• Overall crypto market up about 2% over past 24 hours