Bitcoin Price Nears ATH With ProShares ETF Reaching $1 Billion Trading Volume

Bitcoin Price Nears ATH With ProShares ETF Reaching $1 Billion Trading Volume

The post Bitcoin Price Nears ATH With ProShares ETF Reaching $1 Billion Trading Volume appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On October 19, the first Bitcoin exchange-traded fund (ETF) debuted on the New York Stock Exchange (NYSE), generating a lot of buzz. On its inaugural day, the ProShares Bitcoin Strategy ETF (BITO) saw over $1 billion in trading volume. The ETF traded nearly $280 million worth of shares in the first 20 minutes of its …