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US futures ETF lists, Bitcoin nears all-time high
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moneycontrol.comBitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet the listing of the first bitcoin futures-based U.S. exchange-traded fund could herald investment flows into cryptocurrencies.
The ProShares Bitcoin Strategy ETF on NYSE Arca, owned by Intercontinental Exchange Inc , listed on Tuesday under the ticker BITO.
That followed the end of a 75-day period in which the U.S. Securities and Exchange Commission could object to the listing.
The new ProShares ETF opened at $40.88 and was last at $41.64. ETFs are securities that track an asset and can be bought or sold on a stock exchange. Analysts said the ETF would likely simplify access to cryptocurrencies for retail investors.
"It can attract flows
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