Bitcoin on Cusp of All-Time High Ahead of Futures ETF Listing

Bitcoin on Cusp of All-Time High Ahead of Futures ETF Listing
A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration on March 15, 2021. Dado Ruvic/Reuters
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LONDON—Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange-traded fund could herald investment flows into cryptocurrencies.

Bitcoin, the world’s biggest cryptocurrency, rose as much as 1.5 percent during the Asia session to $62,991, its highest since mid-April and near its record of $64,895. It last traded flat.