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Bitcoin hovered around the flat line higher late Wednesday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected.
The cryptocurrency trimmed earlier losses and was last trading flat at $46,671.22, according to Coin Metrics. Meanwhile, the price of ether soared as high as 15.5% to $2,606.00, its highest level since May…