SEC considers spot Ether ETF application from ProShares
The commission approved 19b-4 filings from eight asset managers in May, but they won’t begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements. Go to Source
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Bitcoin price drops its early week gains — Here is why
Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment. Go to Source
Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures. Go to Source Powered by WPeMatico
Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures. Go to Source Powered by WPeMatico
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
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. Go to Source Powered by WPeMatico
World’s first short Bitcoin ETF sees exposure explode 300% in days
Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows. Go to Source Powered by WPeMatico
Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries. Go to Source Powered by WPeMatico
Crickets on day 1… but Proshares short Bitcoin ETF volume up 380% on day 2
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 Powered by WPeMatico
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. Go to Source Powered by WPeMatico
ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April
While Grayscale Investments’ trust fund GBTC still trades at a 25% discount compared to Bitcoin’s price. Go to Source Powered by WPeMatico
