A major event shook the global economy, particularly the cryptocurrency realm, on January 10, 2024, as spot Bitcoin ETFs entered the market, representing the culmination of endeavors from 2023. As a result, BTC became the most traded asset in ETF history within a single day, undergoing a swift surge in price followed by a drop. With BTC nearing its all-time peak, ETH surpassed $4,000. The spotlight now turns to the commencement of trading for spot Ethereum ETFs, which received initial approval on May 23, 2024.
