ProShares launches its Bitcoin ETF on NYSE
The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) to trade on the New York Stock Exchange began trading at a price of $40 per share. Following the news, the price of Bitcoin rose to a five-month high of $63,293. ProShares’ Bitcoin Strategy ETF, the first exchange-traded fund to give U.S. investors direct exposure to cryptocurrency […]
ProShares will start trading its Bitcoin ETF on NYSE on Oct. 19
ProShares’ Bitcoin Strategy ETF, the first Bitcoin (BTC) futures-linked exchange-traded fund in the United States, will begin trading on the New York Stock Exchange on Tuesday under the ticker BITO. Following several years of effort to publish a bitcoin ETF on an exchange, ProShares CEO Michael Sapir stated the debut marks a significant milestone for […]
VanEck and ProShares applies to remove Ethereum ETF from SEC filings
VanEck and ProShares have seemingly chosen not to pursue exchange-traded funds with Ether exposure, less than two days after submitting separate applications to the US Securities and Exchange Commission. In separate SEC filings dated Aug. 20, legal representatives for VanEck and ProShares both stated that the companies had decided not to register their respective Ether-based […]