Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher

Bitcoin rose to a six-month high at around $63,000 as the ProShares Bitcoin Strategy ETF (NYSE: BITO), the first bitcoin-related exchange-traded fund to trade in the U.S., made its debut on Tuesday. BITO ended the trading day up 4.65% at near $41.80 per share. As of 4:02 p.m. ET, shortly after the close of U.S. … Read moreMarket Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher