Proshares – Ƀitsell X

Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features

October 27, 2023

Source: AdobeStock / okawa Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news In October, the total assets under management (AUM) for digital asset products surged by 6.74% to reach $31.7 billion, marking the first increase since July 2023,…
Read more

ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market

October 7, 2023

Investment management firm ProShares Advisors has introduced six new futures products for Ether, marking the cryptocurrency’s debut in the ETF market. The newly launched ETFs, released on Monday, offer investors exposure to Ether through futures contracts rather than direct investment in the cryptocurrency…. Read More: ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market Read more…
Read more

Bitcoin price drops its early week gains — Here is why

October 3, 2023

Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment. Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing…
Read more

Report: SEC on Cusp of Approving Ethereum Futures Amidst Crypto Market Rollercoaster

August 18, 2023

The U.S. Securities and Exchange Commission (SEC) is said to be on the verge of greenlighting futures products tied to ethereum (ETH), as per a Bloomberg report. One insider privy to the development indicated that a handful could secure approval come October. Unnamed Sources Reveal SEC May Soon Greenlight Ethereum Futures Products In recent weeks,…
Read more

Crypto Comeback Boosts ProShares’ Bitcoin Futures ETF Above $1 Billion

July 5, 2023

The recent resurgence in the crypto market, triggered by BlackRock’s unexpected filing for a spot Bitcoin exchange-traded fund (ETF), has led to a significant increase in inflows into ProShares’ Bitcoin futures-based ETF. ProShares’ fund, which trades under the ticker code BITO, experienced inflows of $14.9 million on June 29 and $11.9 million on July 3,…
Read more

Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year

June 26, 2023

ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures. Bitcoin (BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors. On June 26, a surge of inflows to the ProShares…
Read more

Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows

January 18, 2023

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. The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including business intelligence firm MicroStrategy have recorded similar jumps with…
Read more

World’s first short Bitcoin ETF sees exposure explode 300% in days

July 7, 2022

Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows. Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to…
Read more

Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2

June 23, 2022

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. The first short Bitcoin (BTC) exchange-traded fund (ETF) from ProShares got off to a very slow start on its Tuesday launch but gathered pace by increasing…
Read more

First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News

June 20, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Tag: Proshares