Bitcoin holds firm after regulators approve ETFs

The Securities and Exchange Commission (SEC) said on Wednesday it approved 11 applications, including from BlackRock , Ark Investments/ 21Shares, Fidelity, Invesco and VanEck, with most of the products expected to begin trading later in the day. Ether, the second-largest cryptocurrency, rose 0.2% to $2,590.20, after having peaked at $2,644 on Wednesday, its strongest since May 2022.