The first bitcoin ETF finally begins trading
CNN
Cryptocurrency investors finally got what they've been clamoring for as the first bitcoin-linked, exchange-traded fund launched Tuesday.
The ProShares Bitcoin Strategy ETF began trading at $40 a share under the ticker symbol "BITO" and quickly rose about 3%. The ProShares fund is the first of what is expected to be several ETFs that track bitcoin futures to debut on Wall Street.
VanEck, Invesco, Valkyrie and Galaxy Digital are among several investment firms that have applied with the Securities and Exchange Commission to launch bitcoin ETFs.
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CNN is tracking delays and cancellations for flights traveling to, from or within the US using data from FlightAware. Data updates every 15 minutes.
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