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.
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