u.today
The Bitcoin price has revisited the $63,000 price level once again, reaching an intraday high of $63,337 on the Bitstamp exchange.
The world’s largest cryptocurrency is stealing the spotlight following the much-anticipated launch of the very first Bitcoin futures exchange-traded fund.
ETF provider ProShares rang the opening bell at the New York Stock Exchange right before the shares of the ETF kicked off trading.
ProShares’s ETF has traded a staggering $320 million during its first 30 minutes of trading. James Seyffart of Bloomberg Intelligence described this level of demand as “insane.”
In other news, leading cryptocurrency asset manager Grayscale has officially filed with the U.S. Securities and Commission to convert the world’s largest Bitcoin fund into a spot ETF.