Ether Price (ETH) and Bitcoin Price (BTC) Gain on Hope for ETF Approval

Ether Price (ETH) and Bitcoin Price (BTC) Gain on Hope for ETF Approval



Bitcoin (BTC) is adding to gains alongside ETH’s advance, now higher by more than 5% and just shy of the $70,000 mark. Also on the move is the Grayscale Ethereum Trust (ETHE), a closed-end fund that Grayscale has proposed converting into a spot ETF. It’s recently been trading at more than a 20% discount to net asset value as investors bet against SEC approval, but is now higher by more than 23% on Monday.



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