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The first Bitcoin ETF debuts: What's your thought?
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Daily Poll: ETF launched and fresh peak then shows. BTC to da moon!

Daily Poll: ETF launched and fresh peak then shows. BTC to da moon!
$Bitcoin (BTC.CC)$  notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund $ProShares Bitcoin ETF (BITO.US)$ .
The world’s largest cryptocurrency is now above $65000, according to Coin Metrics. The coin at its highs passed the $66,900 level Wednesday, topping a previous intraday record of $64,899 set in mid-April.
Big change since 2020:
Daily Poll: ETF launched and fresh peak then shows. BTC to da moon!
$ProShares Bitcoin ETF (BITO.US)$ , which tracks bitcoin futures contracts pegged to the future price of the cryptocurrency, rose nearly 5% on its first day of trading Tuesday.
However, not everyone in the crypto market was impressed. “More products are great, but I just don’t see the point of investing in futures-based bitcoin ETFs when you can buy the asset in the spot market,” said Jodie Gunzberg, managing director of CoinDesk Indexes.

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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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