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Today, Sunday, the price of Bitcoin cryptocurrency broke a new high after increasing over 2% in the past 24 hours, and over 29% in the past 7 sessions.
The world-famous cryptocurrency was valued at around $ 49,021.9, hitting a new high, at a time when Ethereum fell 0.3% to $ 1,844.3.
And Canadian authorities announced on Saturday that they had authorized the launch of the world’s first Bitcoin investment fund on the stock exchange, giving retail investors better access to this burgeoning digital currency.
And the “Ontario Securities Commission,” which oversees the Toronto Stock Exchange, authorized the launch of this index-traded fund, which was proposed by “Burbus Investments, Inc.”, according to the company. ‘France Media Agency.
A spokesperson for the committee said the fund would be listed on the stock exchange “as early as next week” under the slogan “PTCC”.
For its part, the company said that “this traded index fund will be the first in the world to invest directly in the Bitcoin currency” which is based on financial backing “and not on derivatives, thus providing investors with easy access and effective to the emerging electronic currency asset class without the risks associated with digital wallets. “.
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