BITI – DIGIT INFO

World’s first short Bitcoin ETF sees exposure explode 300% in days

DIGIT — Wed, 06 Jul 2022 15:10:00 +0000

Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows.

Institutional investors shorting Bitcoin made up 80% of weekly inflows

DIGIT — Tue, 05 Jul 2022 01:42:00 +0000

Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.

Go to Source

Crickets on day 1… but Proshares short Bitcoin ETF volume up 380% on day 2

DIGIT — Thu, 23 Jun 2022 05:54:26 +0000

A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.

Go to Source