Bulls hope ProShares’ Bitcoin Strategy will get US regulator backing
Thursday 21 Oct 2021 Author: Steven Frazer
Bitcoin has surged more than 40% this month putting it within touching distance of all-time records. The world’s biggest cryptocurrency by market value, rose 1.5% during the Asia trading session on 19 October to $62,991, its strongest level since the record peak of $64,895 struck in April 2021. Powering the crypto rally are hopes for bitcoin exchange traded funds (ETFs) to gain regulatory approval, of which several are in...