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Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch -Breaking

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© Reuters.

Wall Street officially opened for business on the 1st of April (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange. The fund Attracted over $1 billionBTC’s trading volume increased by 3% on the first day. Meanwhile, its price rose to an all-time high of $67,000.

However, spot gains didn’t last long as BTC lost some of its gains heading into the weekend.

There were notable Wall Street listings that coincided with spot Bitcoin prices tops. TradingView
Bitcoin futures are open to all exchanges. Source: ByBt.com