ProShares' Bitcoin Strategy ETF hit a high of nearly $1.5 billion in assets under management this week, surging past a record set in 2021. ProShares Global Investment Strategi...
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
As part of CoinDesk's Trading Week 2023, presented by CME Group, ProShares Global Investment Strategist Simeon Hyman weighs in on bitcoin's recent rally despite the "challengi...
ProShares recently launched the ProShares Short Ether Strategy (SETH), an ETF enabling investors to take a bearish stance on ether. ProShares Global Investment Strategist Sime...
Nine exchange-traded funds (ETFs) offering exposure to ether futures launched on the same day last week. ProShares global investment strategist Simeon Hyman discusses the debu...
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.
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...
ProShares Short Bitcoin Strategy (BITI) ETF has faced rising outflows since late November, yet the net short exposure remains elevated at the equivalent of over 6,000 BTC – we...