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Cryptocurrencies Price Prediction: ETF, Ethereum & Bitcoin – American Wrap 10 January

CBOE says Bitcoin ETFs to begin trading on Thursday, though SEC decision is the last piece of the puzzle

The buck stops with the United States Securities & Exchange Commission (SEC) as the hard deadline for spot Bitcoin exchange-traded funds (ETFs) will be reached on Wednesday. Meanwhile, the Chicago Board Options Exchange (CBOE) has said that Bitcoin spot ETFs will begin trading as a new issue tomorrow, Thursday, January 11.
 
Ethereum (ETH) price remains a top performer among the crypto top 10, spiraling within a bullish technical formation that commits Ether to more gains. It comes as the countdown to possible spot Bitcoin exchange-traded fund (ETFs) approvals climaxes since ETH community members anticipate the hype shifting toward a similar spot ETF for Ethereum.
Nearly 90% of Bitcoin (BTC) supply being held is in profit as prices climbed past $46,000 Tuesday in growing anticipation of approval for a U.S. spot exchange-traded fund (ETF), CryptoQuant data show. That's up from just under 50% at the start of last year.
 

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