ProShares Sees Big Future for spot Bitcoin ETF
A senior executive of ProShares, a significant issuer of futures-based Bitcoin exchange-traded funds (ETF), stated that the company does not anticipate any threats to introducing spot Bitcoin ETFs in the United States rather sees benefits. The introduction of spot Bitcoin ETFs will benefit ProShares’ futures products on both an operational and commercial level, according to […]
ProShares Applies to SEC for 5 Bitcoin ETFs with Indirect Exposure
ProShares, is in the preliminary stages of establishing 5 Bitcoin (BTC) ETFs (two long and three short) that will provide indirect BTC exposure during the first days of spot Bitcoin ETF trading on local stock exchanges. ProShares wishes to introduce leveraged and inverse Bitcoin ETFs, according to a filing with the U.S. Securities and Exchange […]
ProShares Futures Bitcoin ETF Hits ATH
ProShares’ Future Bitcoin ETF, or “BITO,” has reached a new All-Time High (ATH) amid increasing interest and excitement over spot Bitcoin ETFs. As to the X article by James Seyffart, the Bloomberg ETF analyst, ProShares’ BITO is getting near $1.5 billion in Total Value Locked (TVL). This is just two weeks after Eric Balchunas declared […]
ProShares Launches Ether Futures ETF for Crypto Bears
ProShares is rolling out the first exchange-traded fund (ETF) that allows investors to take a bearish view on ether. The ProShares Short Ether Strategy is a new exchange-traded fund (ETF) introduced by ProShares. With the help of this ETF, investors can have a pessimistic view of ether, the second-largest cryptocurrency in the world. The ETF […]
ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]