Bitcoin ETF launched on NYSE: A Report

Proshares’s Bitcoin futures-based ETF was launched on 19th October in the United States. It was listed on NYSE (New York Stock Exchange) under the ticker BITO.

According to the CEO of ProShares, Michael Sapir, this is an iconic moment in history. This will ensure enhanced exposure to cryptocurrencies and investment opportunities.

The SEC accepted its listing, along with the listing of Valkyrie’s Bitcoin Strategy ETF on Nasdaq.

After the launch of this ETF, Bitcoin’s price has surged past $60,000, since April.