ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into metaverse as it now plans to launch a new metaverse-focused ETF.ProShares on Tuesday filed with the U.S. Securities and Exchange Commission (SEC) for an ETF focused on metaverse, called the ProShares Metaverse Theme ETF.Subject to approval by the SEC, the … [Read more...] about New ProShares Metaverse ETF to track Apple, Meta, Nvidia
ProShares
ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat
VanEck investments’ newly listed bitcoin futures exchange-traded fund (ETF) saw limited uptake when it launched last week. Some analysts say that’s unsurprising because a rival bitcoin futures ETF launched by ProShares several weeks earlier appears to have enjoyed a first-mover advantage.As of Friday, the ProShares Bitcoin Strategy ETF (stock ticker BITO) had net assets of $1.4 … [Read more...] about ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat
Proshares Bitcoin rises to the top 2% of all ETFs in terms of volume
Bloomberg’s senior ETF analyst Eric Balchunas took to Twitter to draw statistics concerning the ETF market, stating that the new Proshares Bitcoin ETF had traded $400 million worth of shares yesterday alone.$BITO and $BTF both had their biggest volume days in about two weeks. $BITO with a $400m traded, which is not only a ton but = 25% turnover in one day- indicating its usage … [Read more...] about Proshares Bitcoin rises to the top 2% of all ETFs in terms of volume
Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin officially hits new all-time high above $65KBitcoin (BTC) surged to new all-time highs … [Read more...] about Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23
ProShares Bitcoin ETF ‘slurped’ 8,800 BTC ($560 million) on the first day
ProShares’ debut Bitcoin Futures exchange-traded fund (ETF) has managed to attract $1 billion of trading volume on its first day.Founded in 1977, Proshares is an American provider of specialized exchange-traded funds, which assists investors in managing the associated risk factors, volatility and helps in boosting returns for maximized revenue generation.The ETF which was … [Read more...] about ProShares Bitcoin ETF ‘slurped’ 8,800 BTC ($560 million) on the first day