The Bitcoin Strategy ETF rose nearly five percent on its first day of trading on Tuesday.
Bitcoin hit a new record on Friday, surpassing $ 65,000 after taking another step towards mainstream status when the world’s largest cryptocurrency made its way to Wall Street.
A bitcoin futures exchange traded fund (ETF), a type of financial instrument, debuted on the New York Stock Exchange on Tuesday. According to CoinMarketCap, the cryptocurrency rose to $ 65,778.
The Bitcoin Strategy ETF rose nearly five percent on its first day of trading on Tuesday. The fund should be a more accessible vehicle for mainstream investors and could therefore boost trading in the cryptocurrency.
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