As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has attracted consistent...
Tag: ProShares
By The Numbers: One Year Since Bitcoin ProShares ETF Launched
The ProShares Bitcoin Strategy (BITO) ETF made history when it was approved. Launched exactly one year ago today, it was the first futures-based BTC ETF in the United States and garnered massive atten...
How To Avoid The Worst Sector ETFs 3Q22
Person working on computer to ETF Exchange traded fund stock market trading investment financial … [+] concept. getty Question: Why are there so many ETFs? Answer: ETF issuance is profitable, so...
ProShares Exec: Bitcoin Futures ETF a ‘Real, Robust and First-class Solution’
Short digital asset investment products notched inflows of roughly $15 million last week, according to CoinShares Average volume of ProShares’ Short Bitcoin Strategy ETF (BITI) from July 11 to July 15...
ProShares’ Bitcoin ETF Surpasses Grayscale’s GBTC in Trading Volume; What About Its Inverse?
Alex Dovbnya Grayscale has sued SEC after regulator did not approve its bid to launch first Bitcoin ETF The ProShares Bitcoin Strategy exchange-traded fund has topped Grayscale Bitcoin Trust in terms ...
ProShares Bitcoin Short ETF rises 300%
With the collapse of the crypto market, led primarily by Bitcoin, more investors are looking for ways to protect their positions. Others, however, who turn out to be more savvy, are looking for tools...
ProShares Bitcoin Short ETF Grows Over 300% in One Week
The ProShares’ Bitcoin Short ETF (BITI) grew by 306% last week, firmly cementing its place as the second-largest Bitcoin ETF in the United States. BITI now holds net short exposure equivalent to 3,811...
ProShares Short ETF Becomes Second-Largest Bitcoin Fund In Record Time
The ProShares Short Bitcoin ETF had been highly anticipated due to the success of short bitcoin ETFs in the past. A reasonable amount of inflows was expected to flow into the ETF but with less than on...
New ProShares Bitcoin ETF Trades $35 Million of Value on 2nd Day of Trading
Yuri Molchan Investors have been profiting from Bitcoin price fall using newly launched BITI ETF, pushing it up 380% A recently published press release shows that the new Bitcoin futures ETF (BITI) ha...
Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2
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 trading volume by 380% on day two. On launch ...
Bitcoin Already Down 70% Gets More Shorts From Wall Street As ProShares Short BTC Fund Trades Over 870K Shares
– Advertisement – Wall Street Investors have shown a massive interest in the ProShares short Bitcoin strategy fund amid price declines in crypto assets. ProShares has announced that its re...
Proshares Short Bitcoin ETF is Launching and The Bet on BTC Drop
“The ProShares Bitcoin ETF will provide investors with a simple, cost-effective way to short the Bitcoin market and easily hedge their Bitcoin investments.” This is the first time that this has been a...
ProShares Launches First ETF to Short Bitcoin
ProShares, an exchange-traded fund (ETF) provider, today announced a new product that will allow investors to bet against Bitcoin—a U.S. first. The ProShares Short Bitcoin Strategy ETF, slated to begi...
ProShares Unveils First U.S. ETF To Bet Against Bitcoin ⋆ ZyCrypto
Advertisement     ProShares, the investment firm that launched one of the first bitcoin futures exchange-traded funds (ETF) in the United States, has just announced th...
ProShares To Debut First US ETF Betting on Bitcoin Plunge
ProShares, an issuer of exchange-traded funds, including inverse exchange-traded funds, and similar products, announced on Monday that it plans to launch the first short Bitcoin exchange-traded fund (...
ProShares Short Bitcoin ETF to Launch on Tuesday, June 21
Gamza Khanzadaev Launch of first U.S. ETF linked to Bitcoin price declining tomorrow has been confirmed According to a press release published via Business Wire on June 20, ProShares will launch on th...
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The firm behind one of the first Bitcoin futures-linked exchange-traded funds in the United States will give investors a new vehicle to bet against the price of the cryptocurrency. In a Monday announc...
ProShares to Launch New Short-Bitcoin Strategy ETF
ProShares will introduce a short-Bitcoin futures exchange-traded fund tomorrow on the New York Stock Exchange to track the inverse behavior of the S&P CME Bitcoin Futures Index. The new Short Bitc...
ProShares to launch first Short Bitcoin Strategy ETF in the US
Bitcoin traders in the United States looking to benefit from the price movement of the flagship cryptocurrency will from 21 June 2022 have a bitcoin-linked product to explore with. The ProShares Short...
Profit From Bitcoin Collapse? ProShares ETF Enables It
Per a press release, investment giant ProShares will launch a new Bitcoin-linked Exchanged Traded Fund (ETF) in the United States. The firm behind the first BTC ETF in this country, under the ticker B...
ProShares Announces First Bitcoin-Linked Short ETF in U.S.
ProShares – the leading Bitcoin ETF provider in the United States – has announced that it will launch the country’s first short-linked Bitcoin ETF on Tuesday. This will allow investors to gain short e...
ProShares Wants You to Short Bitcoin Through Its New ETF
Key Takeaways ProShares will launch the first Bitcoin short ETF on Jun. 21. The ETF will allow investors to hedge their crypto holdings or potentially profit from Bitcoin price drops. Bitcoin is curre...
ProShares Files for Short Bitcoin Strategy ETF with US SEC
If the US SEC passes an approval, this would be the first US ETF that would allow betting against the performance of Bitcoin futures. Financial market players continue to bring Bitcoin derivative prod...
ProShares files with SEC for Short Bitcoin Strategy ETF
Exchange-traded funds (ETFs) issuer ProShares has filed a registration statement with the United States Securities and Exchange Commission to list shares of a Short Bitcoin Strategy ETF. In a Tuesday ...
ProShares files to register a Short Bitcoin Strategy ETF with SEC
TL;DR Breakdown ProShares has filed for a new Short Bitcoin Strategy exchange-traded fund. The registration statement has been submitted to the Securities and Exchange Commission. ProShares is known f...
ProShares files to create an inverse Bitcoin futures ETF
ProShares, which launched the first bitcoin futures ETF last fall, is seeking approval for a new product that will allow investors to bet against the price of bitcoin. The ProShares Short Bitcoin Stra...
ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April
Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high. No Bitcoin outflows despite ‘ro...
ProShares ETF’s BTC holdings touches ATH, but there are some warning signs
Bitcoin climbed to more than $44,000 for the first time in almost a month, breaking out of its recent narrow trading range amid a renewal of risk appetite. At press time, BTC was trading at the $44.7k...
Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF
Acorns, a U.S. fintech company that is best known as a micro-investing platform, announced Tuesday that it will allow its customers to use its mobile app to invest up to 5% of their portfolio in Bitco...
US Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitcoin ETF – Bitcoin News
The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acorns’ clients can now alloc...