Reviewed By Reviewed By Updated: Jan 10, 2024, 12:28pm The price of Ethereum (ETH) has broken through $2,400 once again this morning, up nearly 8% over the past 24 hours. ETH has shot higher today as traders hope that the possible approval of a spot Bitcoin ETF will pave the way for spot Ethereum ETFs as well. The assumption is that a November filing for an Ethereum ETF from investment giant BlackRock could easily gain approval by the Securities and Exchange Commission once a Bitcoin ETF is approved. Ethereum has been trending steadily higher since October, when it appears to have bottomed out around $1,500. Even with this morning…
