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ProShares

BITO BTC underperformance (K33 Research)

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 price.

By Krisztian Sandor

May 30, 2023 at 8:37 p.m. UTC

May 30, 2023

BITOProSharesProShares Bitcoin Strategy ETFBitcoinbtcK33 research

Net Short Exposure in BITI ETF Still Well Above Summer Highs

Pro Shares Short Bitcoin Strategy BITI ETF has faced rising outflows since late November yet the net short exposure remains elevated at the equivalent of over 6 000 BTC well above the summer highs Countertrading extreme BITI inflows could be a promising trading strategy according to Arcane Research All About Bitcoin host Christine Lee breaks [...]

By CoinDesk Inc

Dec 7, 2022 at 9:37 p.m. UTC

Dec 7, 2022

cdtvChristine-Leebtcaab clipChartDay_SponsorProSharesArcane Research

BITO underperformance vs BTCUSD (Arcane Research, TradingView)

Markets

Bitcoin

A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market by 1.8%

The underperformance has been far lower than estimated, thanks to the bear market.

By Omkar Godbole

Oct 20, 2022 at 11:13 a.m. UTC

Oct 20, 2022

BitcoinBITOProSharesETFCME Futures

Video

Cdtv

CRYP ETF a ‘Less Volatile Ride’ Than BITO ETF: AdvisorShares CEO

AdvisorShares CEO Noah Hamman discusses the impact of the U.S. Federal Reserve’s monetary policy and other macro factors on the crypto markets, explaining advantages of the AdvisorShares Managed Bitcoin Strategy ETF (CRYP) over ProShares Bitcoin Strategy ETF (BITO).

By CoinDesk Staff

Sep 7, 2022 at 3:43 p.m. UTC

Sep 7, 2022

cdtvFM ClipProSharescrypto marketsU.S. federal reserveAdvisorSharesNoah HammanCRYP

A short bitcoin futures ETF allows investors to bet against the price of bitcoin (Mediamodifier/Pixabay)

Markets

No-livewire

Bitcoin sube por encima de $20K mientras ETF inverso registra ingresos récord de $51M

Un producto de ProShares para apostar contra el crecimiento del precio de bitcoin registró entradas de millones de dólares la semana pasada.

By Shaurya Malwa

Jul 6, 2022 at 2:20 p.m. UTC

Jul 6, 2022

no-livewireProSharesBitcoinTrading

Markets

Fund flows

Investors Pile Into Short Bitcoin ETF Betting on Prices to Fall

ProShares' BITI exchange-traded fund raked in $11 million Thursday after a lackluster opening day.

By Krisztian Sandor

Jun 24, 2022 at 5:21 p.m. UTC

Jun 24, 2022

Fund flowsBitcoinETFsProSharesBitcoin Funds

Video

Cdtv

Total Crypto Assets Under Management at Lowest Level Since February 2021

Crypto seeing net outflows of almost 40 million last week with total assets under management dipping to about 36 billion at the lowest level since February 2021 Purpose Bitcoin ETF seeing massive outflows of almost 25 000 BTC on Friday equivalent to a 51 decline BITO flipping Pro Shares to become the largest bitcoin ETF [...]

By CoinDesk Staff

Jun 22, 2022 at 8:17 p.m. UTC

Jun 22, 2022

cdtvaab clipChartDay_SponsorBitcoin ETFProSharesBITOoutflow

Video

Retail

ProShares to List First US Short Bitcoin ETF on NYSE

Investment product provider ProShares is set to list the first U.S. exchange-traded fund (ETF) allowing investors to bet against the price of BTC. ProShares Global Investment Strategist Simeon Hyman shares insights, saying “it’s really hard to short bitcoin … so offering this is an opportunity for regular retail folks.”

By CoinDesk Staff

Jun 21, 2022 at 8:25 p.m. UTC

Jun 21, 2022

RetailcdtvETFaab clipProSharesSimeon HymanGlobal Investment Strategist

Finance

Proshares

First Short Bitcoin ETF to List on NYSE

The exchange-traded fund will allow investors to hedge their bitcoin exposure, which may prove particularly pertinent given the sharp downturn in crypto markets of late.

By Jamie Crawley

Jun 20, 2022 at 2:43 p.m. UTC

Jun 20, 2022

ProSharesETFsBitcoin ETF