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 $ProShares Bitcoin Strategy ETF(BITO.US)$ .
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:

$ProShares Bitcoin Strategy ETF(BITO.US)$ , 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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Source:
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch

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