Mideast Joins Bitcoin Craze With First Dubai Crypto Listing

(Bloomberg) —

The Bitcoin Fund listed on the Nasdaq Dubai exchange Wednesday, the first of its kind to trade in the Middle East as cryptocurrencies grab attention globally.

The stock closed at $38.30, up 10% for the day, according to prices on Nasdaq Dubai’s website.

The Canadian fund was the first of its type to be listed on a major exchange, in Toronto last year. The intent of the Dubai listing is to get trading at all hours around the globe. Dubai-based Dalma Capital Management Ltd. is…


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