{"id":53100,"date":"2021-10-20T19:22:55","date_gmt":"2021-10-20T15:22:55","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53100"},"modified":"2021-10-20T19:22:58","modified_gmt":"2021-10-20T15:22:58","slug":"bitcoin-closes-at-record-high-day-after-u-s-etf-launch","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-closes-at-record-high-day-after-u-s-etf-launch\/10\/20\/market-updates\/","title":{"rendered":"Bitcoin closes at record high, day after U.S. ETF launch"},"content":{"rendered":"\n<p>Bitcoin drifted just below its record highs on Wednesday, only one day after the launch of the first U.S. bitcoin futures-based exchange traded fund (ETF), to evidence that the new product was entirely meaningful for bitcoin. <br><br>The world&#8217;s leading cryptocurrency displayed good performance at $64,257, and got higher during the day. Bitcoin also displayed a short jump of the all time high at $64,895.22 recorded on 14 April 2021. It reached as high as $64,499 on Tuesday, late during the U.S. session.<br><br>The ProShares Bitcoin Strategy ETF was launched yesterday, in a development that investors believe will likely drive investment into the digital asset.<br><br>The ETF closed up 2.59% at $41.94 on Tuesday, with shares of about $1 billion value trading on Intercontinental Exchange Inc&#8217;s ICE.N Arca exchange. It was trading around 0.2% higher before the market opened. Trading appeared to be dominated by smaller investors and high-frequency trading firms. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin drifted just below its record highs on Wednesday, only one day after the launch of the first U.S. bitcoin futures-based exchange traded fund (ETF), to evidence that the new product was entirely meaningful for bitcoin. The world&#8217;s leading cryptocurrency displayed good performance at $64,257, and got higher during the day. Bitcoin also displayed a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904,7792,6903,7836,7835],"class_list":["post-53100","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-bitcoin-futures","tag-cryptocurrencies","tag-etf","tag-proshares"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53100"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53100\/revisions"}],"predecessor-version":[{"id":53105,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53100\/revisions\/53105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53010"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}