BITO – DIGIT INFO

Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year

DIGIT — Mon, 26 Jun 2023 04:30:07 +0000

ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures.

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Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows

DIGIT — Wed, 18 Jan 2023 02:34:49 +0000

Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates.

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Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline

DIGIT — Fri, 15 Jul 2022 16:50:04 +0000

Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs […]

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US Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitcoin ETF

DIGIT — Tue, 22 Mar 2022 17:46:59 +0000

The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acorns’ clients can now allocate up to 5% of their funds into BITO. Acorns Customers Can Add Bitcoin Exposure to Their Portfolios U.S. fintech company Acorns detailed on Tuesday that […]

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Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry

DIGIT — Wed, 26 Jan 2022 21:30:24 +0000

The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry. Valkyrie’s Proposed ETF Targets the Bitcoin Mining Industry […]

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Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

DIGIT — Fri, 14 Jan 2022 06:30:56 +0000

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

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First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows

DIGIT — Thu, 30 Dec 2021 10:27:54 +0000

There’s little to smile about when it comes to institutional participation in Bitcoin as the end of the year, data shows.

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Proshares Bitcoin futures fund in top 2% of all ETFs for volume

DIGIT — Thu, 11 Nov 2021 02:49:46 +0000

While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-1 chance of being approved by the SEC.

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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

DIGIT — Fri, 05 Nov 2021 13:30:16 +0000

Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten […]

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Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%

DIGIT — Fri, 22 Oct 2021 22:30:01 +0000

On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above […]

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