Historic day for bitcoin ETF as Invesco mulls crypto strategy

Mark Battersby
clock • 3 min read

The ProShares Bitcoin Strategy ETF marked a historic moment for cryptocurrencies as it started trading on the New York Stock Exchange yesterday (19 October), while Invesco said it was revising plans for a bitcoin futures product. The ProShares Bitcoin Strategy ETF closed up 2.59% at $41.94 after its first day of trading, with around $1bn worth of shares trading hands on Intercontinental Exchange Inc's ICE.N Arca exchange. Bitcoin, was at $63,847 at 11.50am on 20 October after the listing of the first futures-based bitcoin exchange-traded fund in the US. Separately Invesco told Bloo...

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