Leading cryptocurrencies rose Tuesday with the successful debut of spotBitcoin(CRYPTO: BTC) exchange-traded funds (ETFs) options.
Cryptocurrency | Gains +/- | Price (Recorded at 7:45 p.m. ET) |
Bitcoin (CRYPTO: BTC) | +1.46% | $92,264.28 |
Ethereum (CRYPTO: ETH) | -1.96% | $3,112.15 |
Dogecoin (CRYPTO: DOGE) | +4.77% | $0.3875 |
What Happened: Bitcoin recorded a new all-time high after breaching $94,000. The rally came after Nasdaq listed options forBlackRock'siShares Bitcoin Trust ETF(NASDAQ:IBIT) for the first time, giving a fillip to institutional adoption of the world's largest cryptocurrency.
Robert Mitchnick, BlackRock's head of digital assets, told a panel at the Benzinga Future of Digital Assets conference that the options trading volume breached the 1 billion mark on its first day.
Ethereumwiggled in the $3,100 zone throughout the...