Unprecedented demand for the ProShares futures fund could result in longer contracts that may stray from Bitcoin prices.
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Category: BITO
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JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so.
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Bitcoin futures ETF hits $1B AUM in a record-breaking two days
The ProShares Bitcoin ETF has beaten an 18-year-old record for the fastest fund to a billion-dollar AUM.
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Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first futures-based bitcoin exchange-traded fund (ETF) in the U.S. […]Powered by WPeMatico
Bitcoin futures ETF debuts with highest ever first day ‘natural’ volume of $1B
ProShares’ Bitcoin Strategy ETF saw around $1 billion volume on its opening day, with 24.313 million BITO shares changing hands.
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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) […]Powered by WPeMatico
Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches
Bitcoin reaches $63,000 as Grayscale Bitcoin Trust announces it will convert its $40 billion fund into a Bitcoin spot ETF.
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