ProShares
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.
Net Short Exposure in BITI ETF Still Well Above Summer Highs
ProShares 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 down the Chart of the Day.
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.
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). "CRYP is the only ETF that can react to the changes in bitcoin," Hamman said, adding, "it's a less volatile ride in a managed solution."
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.
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.
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 ProShares to become the largest bitcoin ETF provider. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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."
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.
ProShares Aims to Let Investors Bet Against Bitcoin With New ETF
The company filed an application with the SEC for the Short Bitcoin Strategy ETF.
