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On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $61.98 million, while spot ether ETFs experienced net outflows totaling $13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH ETF category. Spot Bitcoin ETFs Gain $61.98M, Ether ETFs Face … Read more
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 … Read more
ETFs tracking crypto companies have seen significant drawdowns over the year as a result of major macroeconomic headwinds. Go to Source Powered by WPeMatico
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 … Read more
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 … Read more
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 … Read more
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) … Read more
