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My Take On The Launch Of The First-Ever Bitcoin Futures ETF

The first Bitcoin Futures ETF launched trading on established U.S. exchanges.  The event has been long-awaited, the anticipation was palpable as BTC ran up 10% last week to a new high above $60K, and the first day of trading was a success. 

There were various commentaries and interviews, including those from SEC head Gary Gensler; a digital currency proponent 

According to Bloomberg ProShares Bitcoin Strategy ETF, (BITO) saw strong investor demand during its trading debut — a watershed moment for the crypto industry.

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