Market overview 2024-01-10

The long-awaited news about the admission to trading of BTC-focused ETFs came last night from the SEC. It is now much easier and safer for retail investors to invest in crypto assets. Large funds are expecting private money to flow into such funds soon, although it seems that expectations of their returns are somewhat exaggerated. Because of the expectations of the news, the U.S. stock market was quite restrained on Wednesday, which resulted in the growth of major stock indices within 0.75 percentage points. As for the sectors, the Technology and Communications sectors fared better.