This article was originally published on ETFTrends.com. Last fall, headlines were dominated by the anticipation for the first SEC approval of a bitcoin futures ETF. The excitement was palpable when ...
The launch of the first bitcoin-tracking exchange-traded fund generated lots of hype. On its first day, it appeared to live up to the hoopla. ProShares Bitcoin Strategy ETF BITO saw near-record ...
Bitcoin had a strong performance in 2023, rising by roughly 156% and leading to speculation of a new all-time high in 2024. Investor interest in Bitcoin futures ETFs like BITO is surging, with its AUM ...
ProShares bitcoin-linked ETF hit $1 billion in assets under management in just two days, a record for the ETF industry. Gold ETF GLD held the previous record, having crossed the $1 billion mark in ...
BITO ETF traded heavily to cross $1 billion Analyst called it the biggest 'natural' volume for an ETF The first day brought an influx of $570 million The much-awaited Bitcoin Futures Exchange Traded ...
BITO no longer suffers contango issues and now tracks Bitcoin nearly perfectly, with little to no long-term drag on performance. It offers the unique ability to sell options and reduce basis/hedge ...
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