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Bitcoin nears $60,000 as investors eye first US ETFs
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economictimes.indiatimes.comBitcoin hit a six-month high on Friday, approaching the record hit in April, as traders became increasingly confident that U.S. regulators would approve the launch of an exchange-traded fund based on its futures contracts. The world's biggest cryptocurrency rose nearly 4% to as high as $59,664, its highest since mid-April. It has doubled in value this year and is near April's record high of $64,895. The U.S. Securities and Exchange Commission (SEC) is poised to allow the first U.S. bitcoin futures ETF to begin trading next week, Bloomberg News reported on Thursday, citing people familiar with the matter.
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Read more on economictimes.indiatimes.comAbout this in other media
Australia: ASIC issues new guidelines on ETFs, for investor protection ambcrypto.com /3 years ago
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM cointelegraph.com /3 years ago
More than 40 digital currency ETFs await US regulatory approval cointelegraph.com /3 years ago
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