Bitcoin tore through the heavy resistance at $60,000 for the first time since April as the news of an imminent Bitcoin Futures ETF approval by the United States Securities and Exchange Commission (SEC) spread through the crypto community. While the SEC greenlighted Bitcoin futures ETFs last weekend, it was yet to be decided when the fund would actually be launched. It seems that the wait is over now.
Earlier today, the New York Times (NYT) revealed that the ProShares ETF will be launched on the New York Stock Exchange on Tuesday morning,19 October, as confirmed by the firm itself. ProShares CEO also added that “2021 will be remembered for this milestone”, as hesitant investors would now have “convenient access to Bitcoin in a wrapper that
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