World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.…
Tag: BITO
As the CME’s Volume Gets Pumped, the Bitcoin ETF’s Quirky Structure Could Explain Some of It
Last week’s launch of the ProShares Bitcoin Strategy ETF (BITO) was a smash hit by any measure. Yet, it may be that at least part…
First Bitcoin ETF Is Already in Danger of Breaching a Limit on Futures Contracts
Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good. The Proshares Bitcoin Strategy ETF (ticker BITO)…
Bitcoin Hits New All-Time High Above $65K on Strength of ETF Debut
The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund. Bitcoin, the world’s largest cryptocurrency by…