
Bitcoin Strategy ETF Ignites BTC Surge as ProShares BITO Debuts Strongly
Touching a six-month peak near $63,000, Bitcoin surged alongside the unveiling of ProShares Bitcoin Strategy ETF (NYSE: BITO) on Tuesday — the U.S. market’s pioneering bitcoin-related ETF. Closing the day with a solid 4.65% gain, BITO settled close to $41.80 per share. By 4:02 p.m. ET, shortly after U.S. markets shuttered on Monday, its trading…