Future Tech

Cryptocurrencies gain as investors turn optimistic on ether ETFs

Tan KW
Publish date: Tue, 21 May 2024, 07:00 PM
Tan KW
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Future Tech

LONDON - Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on Tuesday on speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-biggest cryptocurrency.

Ether, which underpins the ethereum blockchain network, was 4.4% higher on the day at $3,650, after jumping 13.7% on Tuesday.

 


  - Reuters

 

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