#SpotBitcoinETF Spot Bitcoin ETFs record notable volume on day 1 — BTC price nearly hits $49K

Markets react positively to the first trading day for spot BTC ETFs, with Bitcoin rallying to nearly $49,000 and ETH hitting a 12-month highAfter eagerly waiting for nearly 10 years, traders finally saw the first-ever spot Bitcoin 

$BTC

$109,168

 exchange-traded fund (ETF) approved by the United States Securities and Exchange Commission on Jan. 10, and ETF trading began at the opening bell, less than 24 hours later.

$XRP

BlackRock's iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBTC), Valkyrie Bitcoin Fund (BRRR), Bitwise (BITB) and ARK 21Shares Bitcoin ETF, among others, have begun trading.$SOL