News | 10.20.21
First Bitcoin Futures ETF Rises in Trading Debut
The first bitcoin-focused exchange-traded fund (ETF) rose in its trading debut Tuesday after getting a positive reception from investors. The ProShares Bitcoin Strategy ETF climbed most of the day, gaining nearly 5% to settle at $41.94. About $981 million of shares changed hands over the session, making it the second-most highly-traded ETF debut ever, according to Elisabeth Kashner, director of ETF research at FactSet.
Read the full article on Wall Street Journal