The Wall Street Journal reports The Crypto Industry Holds Its Breath in Anticipation of the First Spot Bitcoin ETFs

Excitement about the ETFs drove the price of bitcoin above $45,000 in recent days, its highest level in nearly two years. The token more than doubled last year in a rally that was turbocharged in June when BlackRock—the world's largest money manager, with a near-perfect record of ETF approvals—threw its hat into the ring. Bitcoin is currently hovering around $44,000.