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Bitcoin closes in on record high at $64,257, day after US ETF debut
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moneycontrol.comBitcoin hovered just below its record highs on Wednesday and the first US bitcoin futures-based exchange-traded fund (ETF) looked set to open firmer after surging on its debut on Tuesday.
The world's leading cryptocurrency was at $64,257 at 1236 GMT, modestly higher on the day and within a short jump of the all-time high of $64,895.22 it hit on April 14 this year.
It reached as high as $64,499 on Tuesday, late in the US session.
Tuesday was the first day of trading for the ProShares Bitcoin Strategy ETF -- a development that market participants say is likely to drive investment into the digital asset.
The ETF closed up 2.59% at $41.94 on Tuesday, with around $1 billion worth of shares trading hands on Intercontinental Exchange Inc's ICE.N Arca
Read more on moneycontrol.comAbout this in other media
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM cointelegraph.com /3 years ago
BTC price dips below $62K on VanEck Bitcoin ETF launch day cointelegraph.com /3 years ago
Argentina: First Bitcoin-indexed ETF makes debut this week ambcrypto.com /3 years ago
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