ETH 'bucking' crypto market downturn thanks to spot ether ETF | Crypto | Ethereum | Bitcoin
ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say
Ether is the winner among losers in the crypto market downturn, buoyed by excitement for spot ether exchange-traded funds (ETFs). After the Securities and Exchange Commission approved eight spot ether ETFs Thursday, ether traded at $3,815, having increased 2.12% in the past 24 hours as of 5:19 p.m. ET (21:19 UTC). Conversely, bitcoin's price declined 2.35% in the same period to trade at $67,540, according to The Block prices.
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