ProShares’ Bitcoin Strategy ETF (BITO) – a $BTC futures fund – last week recorded the highest weekly inflows in over a year. By shauryamalwa.
A flurry of Bitcoin ETF filings in the U.S. has almost instantly spurred interest in the asset from institutional investment circles.
BITO has closely tracked spot bitcoin prices which has likely added to its allure among traders. “It pretty much has tracked bitcoin perfectly. It lagged spot by 1.05% , but its fee is 0.95%,” Balchunas tweeted. Bitcoin prices rallied in the past two weeks as investment giant BlackRock filed for a spot bitcoin ETF in the U.S.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin ETF fever returns: 'Biggest' inflow to ProShares' BITO in a yearThe oldest Bitcoin ETF in the US saw an uptick in weekly capital inflows as institutional investors seemingly had their interest revived by BlackRock’s application for a spot Bitcoin fund.
Weiterlesen »
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme – Bitcoin NewsA U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack and for cryptocurrency theft.
Weiterlesen »
Bricks over bytes: New hard asset ETF places big bet on real estateCBRE's Investment Management launched the IQ CBRE Real Assets ETF last month with the idea it will deliver inflation protection in a rising rate environment.
Weiterlesen »
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange and moreThe bid for the first Bitcoin spot exchange-traded fund in the United States is gaining traction following BlackRock’s recent application.
Weiterlesen »
BTC Tests $31K as Bitcoin Cash Soars 30%: Market WatchBitcoin tested $31K but failed to sustain above it so far. BCH is up a whopping 30%.
Weiterlesen »
Bitcoin rallies 17% this week as institutional interest in the asset picks upThis week felt like the beginning of a new era as the old guard of the finance world shared glimpses into their long-term crypto views.
Weiterlesen »