Markets· ★★· bullish·

ProShares Bitcoin ETF gains 2.8%, iShares Bitcoin Trust up 2.7%

  • —BITO gained 2.8% on the day
  • —IBIT added 2.7%
  • —The rally tracked bitcoin's move above $86,000
Why it matters: Rising bitcoin ETF prices signal returning institutional demand after a weak US jobs report.
Source: PANews