Bitcoin Tops $47K, Ether and Grayscale’s GBTC Jump After SEC Approves Spot Bitcoin ETFs

Bitcoin recently traded around $47,500, up from just below $46,000 before the news broke Wednesday afternoon. Ethereum’s ether (ETH), the second-largest crypto by market capitalization, jumped 11% and exceeded $2,500 for the first time in 20 months as attention turns to U.S. applications for ether ETFs.

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