Published on 20 Nov 2024 on Benzinga
Leading cryptocurrencies rose Tuesday with the successful debut of spot Bitcoin BTC/USD exchange-traded funds (ETFs) options.
What Happened: Bitcoin recorded a new all-time high after breaching $94,000. The rally came after Nasdaq listed options for BlackRock’s iShares Bitcoin Trust ETF IBIT for the first time, giving a fillip to institutional adoption of the world's largest cryptocurrency.