BITO

A user tracks charts on an tablet with a keyboard and larger monitor in the background.
Trading Volume on Proshares Bitcoin ETF Tanks 75% as Focus Shifts to Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

(Noah Silliman/Unsplash)
Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally
BlackRock's IBIT saw the third-biggest inflow, though the data might be incomplete, analysts pointed out.
(Noah Silliman/Unsplash)

ProShares' Bitcoin Futures ETF Notches Biggest Weekly Inflow in a Year: Data
ProShares' Bitcoin Futures ETF Notches Biggest Weekly Inflow in a Year: Data
ProShares' Bitcoin Strategy ETF (BITO) recorded the highest weekly inflow in over a year, as bitcoin prices broke $30,000, according to data cited by Bloomberg senior ETF anal...
ProShares' Bitcoin Futures ETF Notches Biggest Weekly Inflow in a Year: Data

(K33 Research)
ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC pri...
(K33 Research)

BITO underperforms bitcoin's spot price. (Arcane Research, TradingView)
A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market by 1.8%
The underperformance has been far lower than estimated, thanks to the bear market.
BITO underperforms bitcoin's spot price. (Arcane Research, TradingView)

Total Crypto Assets Under Management at Lowest Level Since February 2021
Total Crypto Assets Under Management at Lowest Level Since February 2021
Crypto seeing net outflows of almost $40 million last week with total assets under management dipping to about $36 billion at the lowest level since February 2021. Purpose Bit...
Total Crypto Assets Under Management at Lowest Level Since February 2021

Exploring Bitcoin’s Relationship With Fed Rate Hikes
Exploring Bitcoin’s Relationship With Fed Rate Hikes
Bitcoin’s price seems to drop as the Fed Fund Futures implied 12-month rate goes up, according to NYDIG data. Plus, insights on why ProShares’ bitcoin ETF (BITO) is climbing t...
Exploring Bitcoin’s Relationship With Fed Rate Hikes

CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits
CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits
New data reveals the Chicago Mercantile Exchange (CME) has replaced Binance as the world’s biggest bitcoin futures platform, thanks to the strong investor appetite for the rec...
CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits

Chris Giancarlo: 'Crypto is A Solution to Old, Expensive, Exclusive Existing Legacy System'
Chris Giancarlo: ‘Crypto Is A Solution to Old, Expensive, Exclusive Existing Legacy System’
As bitcoin hits a 6-month high following the first U.S. bitcoin futures ETF “BITO” rising since its Tuesday trading debut, Chris Giancarlo, former Chairman of the U.S. Commodi...
Chris Giancarlo: 'Crypto is A Solution to Old, Expensive, Exclusive Existing Legacy System'