In 2023, speculation abounded regarding the approval date of the Bitcoin ETF. Ultimately, on January 10, 2024, it was officially approved. This triggered an initial market decline followed by a remarkable upsur. Bitcoin soared to its all-time high (ATH), while Ethereum surpassed the $4,000 mark for the first time in a considerable stretch. Attention then shifted to the potential approval of the spot Ethereum ETF. In a momentous turn of events, the SEC granted its initial approval on May 23, prompting discussions about the approval date for the S-1 documents.
