On the 10th of January, 2024, the financial landscape witnessed a pivotal moment, particularly within the realm of cryptocurrencies, as the trading of spot Bitcoin ETFs commenced. This event represented the fruition of endeavors undertaken throughout 2023. Subsequently, Bitcoin (BTC) set a record as the most actively traded asset in the annals of ETF history, showcasing a swift surge in value, which was soon followed by a downturn. In the midst of BTC nearing its peak value, Ethereum (ETH) broke through the $4,000 threshold. Presently, anticipation builds around the inaugural trading day of the spot Ethereum ETFs, which received regulatory approval on May 23, 2024.
