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ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
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The first Bitcoin futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40per share.
According to the New York Stock Exchange, ProShares’ Bitcoin (BTC) Strategy ETF, the first exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, opened at a price of $40per share of BITO before rising 3.8% to reach $41.54 at the time of publication. The addition of the crypto fund to a major stock exchange follows years of deferred decisions from the Securities and Exchange Commission, or SEC, the regulator responsible for greenlighting the asset.
The NYSE welcomes @ProSharesETF in celebration of the first U.S. Bitcoin-Linked ETF $BITO
Read more on cointelegraph.comAbout this in other media
Wall Street jinx? Traders weight 'sell the news' potential after Bitcoin ETF launch cointelegraph.com /2 years ago
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Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour cointelegraph.com /2 years ago
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