Bitcoin passes US$65,000 to an all-time high

On the morning after the successful debut of the first U.S.-approved Bitcoin futures exchange-traded fund, Bitcoin’s price surpassed $65,000, reaching an all-time high.

Fast facts

• On Wednesday, Bitcoin reached a high of US$67,276.79, according to Coingecko.
• Bitcoin’s previous peak was US$64,804.72 on April 14, 2021.
• The first U.S. Bitcoin-futures exchange-traded fund, ProShares Bitcoin Strategy ETF, trading under the ticker symbol BITO, made its debut on the New York Stock Exchange on Tuesday.
• BITO had an opening-day rise of 4.85%, the second-highest for an ETF.