Crickets on day 1… but Proshares short Bitcoin ETF volume up 380% on day 2
The first short Bitcoin ETF from ProShares got off to a very slow start on its June 21 launch but gathered pace by increasing trading volume 380% on day two.
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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.
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Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
Bitcoin’s (BTC) 90% year-to-date gain was largely fueled by the SEC’s recent exchange-traded fund (ETF) approval and in the first 48-hours of listing, ProShares’ Bitcoin Strategy ETF ($BITO) was able to amass $1.1 billion in assets under management.
On Nov. 1 the U.S.
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally
Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin Strategy ETF (BITO) debuted at Nasdaq.
However, bulls have a sufficient number of incentives to peg Bitcoin’s price above $60,000 on Oct.
VanEck set to become second Bitcoin ETF in the U.S. | CryptoSlate
On the heels of ProShares historic trading of the first Bitcoin futures exchange-traded fund (ETF) on the New York Stock Exchange (NYSE) yesterday, available information has shown that VanEck has also gotten approval from the Securities and Exchange Commission (SEC).
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Too popular: Bitcoin futures ETF in danger of hitting upper limit for contracts
The ProShares Bitcoin Strategy ETF is on track to reach a limit on the number of futures contracts it’s allowed after quickly becoming a little too popular.
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Solana gains over 26% in two days — $250 SOL price target next?
Solana (SOL) rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins.
Notably, the price of SOL increased by more than 11% to over $196 a token, the highest level since Sept.11.
Bitcoin futures ETF hits $1B AUM in a record-breaking two days
Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM).
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Proshares Bitcoin ETF logs over $1 billion in trading volume | CryptoSlate
In an indication that the crypto community has been waiting tirelessly for a Bitcoin exchange traded fund (ETF), available data has shown that Proshares Bitcoin futures ETF, the first of its kind in the United States, saw a trading volume of over $1 billion in its first day of trading.
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Bitcoin Futures ETF Set to Hit Highest Launch Day Trading Volume
Key Takeaways
ProShares has become the first company to launch a Bitcoin futures ETF.
The ETF is off to a strong start, racking up more than $500 million in trading volume in under two hours.
The new offering is on track to become the ETF with the highest opening day trading volume ever recorded.