Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch By Cointelegraph

© Reuters.

Wall Road opened its doorways for the primary (BTC) exchange-traded fund (ETF) on Oct. 19, with the itemizing of ProShares Bitcoin Technique (BITO) on the New York Inventory Alternate. The fund attracted greater than $1 billion in buying and selling quantity on its first day, whereas BTC value rallied to a brand new report excessive of $67,000.

However the spot positive factors didn’t keep for too lengthy with BTC paring some positive factors going into the weekend.

Notable Wall Road listings coincided with spot Bitcoin value tops. Supply: TradingView
Bitcoin futures open curiosity throughout all exchanges. Supply: