Bitcoin has jumped above $60,000 for the first time in six months, approaching an all-time high.
According to Arab Net, the strong gains for the cryptocurrency came against the backdrop of rising hopes that US regulators would agree to launch asset management company Proshares, a bitcoin futures trading fund, by next Monday. .
Other funds are expected to launch over the next two weeks, as the Securities and Exchange Commission considers additional proposals made in August by asset managers Valkyrie Investments, Invesco and VanEck to sell Bitcoin ETFs for investors.
The currency has more than halved since September 20, and is approaching its record high of about $65,000 hit last April.
