Bitcoin hits new record above US$65,000 - RTHK
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Bitcoin hits new record above US$65,000

2021-10-20 HKT 22:19
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  • Bitcoin remains the world's most instantly recognisable cryptocurrency. Photo: AFP
    Bitcoin remains the world's most instantly recognisable cryptocurrency. Photo: AFP
Bitcoin hit a new record on Wednesday, surging past US$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 US$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. (AFP)