Bitcoin Reached Above 66 Thousand Dollars!

Bitcoin reached above 66 thousand dollars! The leading cryptocurrency Bitcoin (BTC) has set a new record after the ETF.

After the ProShares Bitcoin Strategy Exchange Traded Fund (ETF) started trading on the New York stock market, Bitcoin rose by 2.1 percent, exceeding $ 66 thousand and breaking a record. Thus, the rise of Bitcoin since the beginning of 2021 has exceeded 120 percent. Other major crypto assets also found support from Bitcoin's rise. Ether, the second largest digital currency, also rose, while the Bloomberg Galaxy Crypto Index gained. Jesse Proudman, co-founder and CEO of crypto consulting firm Makara, described the Bitcoin ETF's launch as "a confirmation moment". Proudman said, “It is no longer a question of whether this asset class will continue to exist – I think this is a really important moment in the history of the broader digital asset class.” The first Bitcoin-linked exchange-traded fund to be listed on the US stock market, entered the markets as the second most traded fund on record. More than 24 million shares have changed hands in the ProShares Bitcoin Strategy ETF, according to data compiled by Bloomberg. Bloomberg Intelligence ETF Analyst Athanasios Psarofagis reported that the ProShares Bitcoin Strategy ETF, with a trading volume of approximately $1 billion on the first trading day, is placed just after BlackRock's carbon fund, which holds the record for the first trading day.