Cryptocurrency Bitcoin Hits New Record High Of $65,000 After Wall Street Foray

2r1h0gng bitcoin 625x300 04 August 21

The Bitcoin Strategy ETF rose nearly five percent in its first day of trading on Tuesday.

Bitcoin hit a new record on Friday, surging past $65,000 after it took another step towards mainstream status as the world’s biggest cryptocurrency forayed onto Wall Street.

A bitcoin futures exchange-traded fund (ETF), a type of financial instrument, made its debut on the New York Stock Exchange on Tuesday. The cryptocurrency soared to $65,778, according to CoinMarketCap.

The Bitcoin Strategy ETF rose nearly five percent in its first day of trading on Tuesday. The fund should be a more accessible vehicle for mainstream investors, and could therefore boost trading in the cryptocurrency.

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