Bitcoin continues to outperform every reserve and fiat currency across the world. In sign of an increased confidence in the future of the cryptocurrency, Barry Silbert’s Bitcoin Investment Trust (BIT) has doubled its initial public offering (IPO) amount to $1 bln.
An amendment filed with the US Securities and Exchange Commission (SEC) on Thursday includes the new figure as the agency reconsiders its March decision to deny the Bitcoin ETF market access.
By outperforming the US dollar by almost 50 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.
https://cointelegraph.com/news/why-investing-in-bitcoin-in-2017-has-been-will-be-best-choice