The U.S Securities and Exchange Commission (SEC) finally consented to 11 issuers that applied for $BTC ETF on Wednesday, 10th of January The approval brought a short spike in price for $BTC and other top altcoins, but it didn’t last long. Trading has commenced for the newly launched exchange-traded funds (ETFs). However, they’re yet to find their feet and have lost ground after the first two trading days, with $BTC priced just below $43K as of today. Market experts advise investors to focus more on ICOs for the time being, and the booming $GFOX presale looks like the most profitable option at present.