Just this month alone, the bitcoin price has rallied more than 50%, fueled by U.S. regulators’ first approvals of exchange-traded funds (ETFs) linked to bitcoin futures contract. The ProShares Bitcoin Strategy ETF launched Tuesday on the New York Stock Exchange and hauled in some $570 million of assets on its first day, while garnering an astounding $1 billion in trading volume, in one of the most successful ETF launches of all time.
After Bitcoin All-Time High, What’s Next?
