GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.
World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
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.
Bitcoin price drops its early week gains — Here is why
Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.
First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are Unwarranted
Interest on the ETF’s cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures.
ProShares’ Bitcoin Futures ETF Increasingly 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 price.
Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures.
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates.
World’s first short Bitcoin ETF sees exposure explode 300% in days
Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows.
Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.
Crickets on day 1… but Proshares short Bitcoin ETF volume up 380% on day 2
A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index.
ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April
Grayscale Investments’ trust fund GBTC still trades at a 25% discount compared to Bitcoin’s price.
Interest wanes in Bitcoin futures ETF’s as contracts fall below 5K
Declining interest in Bitcoin futures ETFs may have a number of reasons, chief among them the declining price of BTC since the ATH reached in mid-November.
First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows
There’s little to smile about when it comes to institutional participation in Bitcoin at the end of the year, data shows.
Kelly Strategic Management files for Ethereum futures ETF
Following Kelly Strategic Management’s filing for an Ether futures ETF, analysts questioned whether SEC chairman Gary Gensler is “mentally ready” to approve anything other than a BTC futures product.
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
Bitcoin price dropped to $60,700 today and bears are keen to pin the price under $62,000 in order to profit from Friday’s options expiry.
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally
Bitcoin bulls could be in for a $715 million profit if BTC price is above $60,000 ahead of Friday’s $3.2 billion options expiry.
Too popular: Bitcoin futures ETF in danger of hitting upper limit for contracts
Unprecedented demand for the ProShares futures fund could result in longer contracts that may stray from Bitcoin prices.