Ether, the second-largest cryptocurrency, emerged as one of the biggest beneficiaries of the decision by US regulators to approve the country’s first spot-Bitcoin exchange-traded funds.
Ether rose 9% in the past 24 hours to $2,585 as of 7:11 a.m. Thursday in London — a 20-month high — whereas Bitcoin was little changed at $46,070 after a more than 160% jump in the past year.
