The ProShares UltraShort Bitcoin ETF, which delivers 2x the inverse daily performance of bitcoin, recorded $18.8 million in inflows Monday, the largest since its April launch, Bloomberg reported.

Most Bitcoin ETF inflows are driven by long-only fundamental investors, not short-term traders, analyst Peter Chung told ...

ProShares Ultra Bitcoin ETF aims to generate 2 times the daily reward of the price of Bitcoin, primarily for short-term traders. Holding leveraged funds like BITU for too long can result in ...

As of July 18, the ProShares ETF had $1.1 billion in assets under management. It has seen year-to-date inflows of $336.2 million. Since its inception, the fund has amassed $2.2 billion in investor ...

Read more: Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity And closer to home, the ProShares Bitcoin Strategy ETF (BITO), based on bitcoin futures, amassed around $1.5 billion ...

The Bitcoin spot ETF launch was one for the history books. By all accounts, it was the largest launch of an ETF product in history, beating out the previous record set by the Proshares Bitcoin ...

Source: Morningstar Direct. Data as of Feb. 9, 2024. Net Flows Separate the Best From the Rest. In their first month, the nine new bitcoin ETFs brought in over $8.0 billion in new investment.

And closer to home, the ProShares Bitcoin Strategy ETF (BITO), based on bitcoin futures, amassed around $1.5 billion in inflation-adjusted terms in the 30 days after its introduction in October ...

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Bitcoin Strategy ETF (Symbol: BITO) where we have ...

Collective flows to the nine funds outpaced postlaunch flows into the ProShares Bitcoin Strategy ETF, which drew a record $1.2 billion in the first three days of trading after its 2021 launch.

Flows keep coming in for BlackRock’s IBIT. BlackRock’s Bitcoin fund has not recorded an outflow in six weeks, since April 9, Farside Investors data shows.. It has seen a 20-trading-day streak ...

ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are ...