Category: Spot ETFs

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ProShares Bitcoin Strategy ETF (BITO) Surpasses $2 Billion in Assets, Sets All-Time High

January 10, 2024

Image Source: Adobe The ProShares Bitcoin Strategy ETF (BITO), an exchange-traded fund focused on Bitcoin (BTC) futures, has amassed over $2 billion in assets, reaching an all-time high.  According to data by YCharts, BITO’s assets stood at $2,010,057,946 as of the market close on January 8, which represents a remarkable growth of 10% in just one week, as…
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Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account

January 10, 2024

Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account.  In a letter addressed to SEC Chair Gary Gensler on the same day as the incident, the senators called for a report to…
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