ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value
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Jan 26, 2024 at 10:29 a.m. UTC
Jan 26, 2024
ProShares Bitcoin Strategy ETF
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Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares and also sold $27.6 million worth of Coinbase stock.
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Dec 28, 2023 at 10:17 a.m. UTC
Dec 28, 2023
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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 performance discrepancy, the firm said.
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Jul 21, 2023 at 8:36 a.m. UTC
Jul 21, 2023
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ProShares’ Bitcoin Futures ETF 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 pri...
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May 30, 2023 at 8:37 p.m. UTC
May 30, 2023
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Bitcoin Below $19K, Lowest Point in 2 Months
Bitcoin (BTC) fell as low as $18,680 Tuesday morning to a point not seen since late June amid a broader market sell-off. AdvisorShares CEO Noah Hamman discusses the potential...
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Sep 7, 2022 at 3:43 p.m. UTC
Sep 7, 2022
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Bitcoin Recovers Above $20K as Short ETF Sees Record $51M in Weekly Inflows
Bitcoin (BTC) remains rangebound between the $18,000 and $21,000 levels as institutional traders pile on the ProShares Short Bitcoin Strategy ETF (BITI). Arca Portfolio Manage...
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Jul 6, 2022 at 3:42 p.m. UTC
Jul 6, 2022
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Investors Pile Into Short Bitcoin ETF Betting on Prices to Fall
The ProShares Short Bitcoin Strategy ETF, a recently launched short bitcoin ETF designed to profit investors who bet on BTC price falling, is now the second-largest bitcoin-fo...
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Jun 24, 2022 at 8:20 p.m. UTC
Jun 24, 2022
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Micro-Investing App Acorns Adds Bitcoin Exposure Option
Users of the savings and investment platform can now allocate up to 5% of their accounts to the ProShares Bitcoin Strategy ETF.
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Mar 22, 2022 at 1:00 p.m. UTC
Mar 22, 2022
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ProShares Bitcoin Futures ETF ‘BITO’ Rises 3% in Public Debut on NYSE
The ProShares Bitcoin Strategy ETF has charted the first bitcoin futures ETF in the U.S. under ticker symbol “BITO” on the New York Stock Exchange (NYSE). Trading volumes appe...
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Oct 19, 2021 at 8:36 p.m. UTC
Oct 19, 2021
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ProShares Exec on Launching First US Bitcoin Futures ETF on NYSE
Simeon Hyman, Global Investment Strategist at ProShares, shares insights into the ProShares Bitcoin Strategy ETF (BITO), the first bitcoin futures-related ETF to trade in the...
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Oct 19, 2021 at 8:36 p.m. UTC
Oct 19, 2021