October 2021 – What a Bitcoin ETF means for the market?

The last month showed positive growth and signs of a resuming bull cycle in the digital asset market. The launch of ProShares Bitcoin Strategy ETF(BITO) marked new highs for the price of Bitcoin. BTC reached a peak of $66,930 on 20th October 2021 marking another ATH, the day after the Pro-Shares Bitcoin Strategy ETF was