Proshares ETF – DIGIT INFO

Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

DIGIT — Wed, 03 Apr 2024 18:34:34 +0000

On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double the inverse of bitcoin’s daily returns. Proshares Introduces Leveraged and […]

Go to Source

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 […]

Go to Source

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 […]

Go to Source

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 […]

Go to Source

Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week

DIGIT — Thu, 21 Oct 2021 10:00:54 +0000

After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch this week with a possible listing on Friday. Proshares […]

Go to Source

Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE

DIGIT — Wed, 20 Oct 2021 20:00:39 +0000

The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin […]

Go to Source

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

DIGIT — Tue, 19 Oct 2021 22:32:44 +0000

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) […]

Go to Source

Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches

DIGIT — Tue, 19 Oct 2021 13:53:19 +0000

Bitcoin reaches $63,000 as Grayscale Bitcoin Trust announces it will convert its $40 billion fund into a Bitcoin spot ETF.

Go to Source

New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF

DIGIT — Sat, 16 Oct 2021 06:00:26 +0000

The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the […]

Go to Source