Bitcoin officially hits Wall Street

Today, the New York Stock Exchange (NYSE) launched the world's first auctions for the sale of the fund's shares,

based on cryptocurrency, more specifically on Bitcoin. The Financial Times reported this information and added that the new fund is called the Bitcoin Strategy ETF, with the ticker BITO fromProShares.

Bloomberg adds that Bitcoin Strategy ETFimmediately became one of the most popular funds at the beginning of the trading session. In the first 20 minutes, ProShares stock traded at over $ 280. At the same time, it is noted that the emergence of a Bitcoin fund on Wall Street will make access to cryptocurrency assets much more convenient. At the same time, the risks in this case are higher, since auctions are conducted through futures, and not through the cryptocurrency itself.

This event stabilized the position of the leadingcryptocurrency, and its price began to rise. At the beginning of the day, bitcoin came close to the next psychologically wet barrier of 65 thousand dollars. The main cryptocurrency hasn't traded as expensively since April this year, when the current all-time record was set at $ 64,888.99.

Source: ft, @EricBalchunas

Cover: ProShares CEO Michael Sapir outside the New York Stock Exchange © AP

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