Bitcoin ETF

Bitcoin

Pando

Spot

<a href="https://bitcoinworld.co.in/proshares-bitcoin-etf-hits-1-47b-triggering-investors-interest-in-bitcoin/" title="ProShares Bitcoin ETF Hits $1.47B Triggering Investors Interest In Bitcoin" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">ProShares’ Bitcoin ETF (BITO) hits $1.47B,&nbsp;</li>
 <li style="font-weight: 400">Showing rising interest among investors as they await U.S. approval for Bitcoin spot ETFs.</li>
</ul>
There’s currently a high interest in Bitcoin among professional investors as ProShares’ Bitcoin Strategy ETF (BITO) reached $1.47 billion in assets, This fund is connected to Bitcoin’s performance and is becoming popular in the U.S.
BITO offers a <a href="https://coinpaprika.com/news/investors-interest-in-bitcoin-rise/" rel="noopener noreferrer nofollow">way</a> for investors to get involved in Bitcoin in a regulated manner and is traded on the Chicago Mercantile Exchange (CME).&nbsp;
Simeon Hyman from ProShares described BITO as a familiar and regulated option for targeting Bitcoin’s returns acknowledging the strong demand for BITO.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/pando-asset-joins-race-for-spot-bitcoin-etf/" aria-label="“Pando Asset Joins Race For Spot Bitcoin ETF” (Edit)" rel="noopener noreferrer nofollow">Pando Asset Joins Race For Spot Bitcoin ETF</a>
With an average of $160 million in trading volume since it started, this ETF is among the top 5% in the U.S. in terms of daily trading volume.&nbsp; It closely tracks Bitcoin’s actual market prices, making it more attractive to traders.
In June alone, investors added over $65 million in one week to BITO, the most in a year.&nbsp;
There’s also anticipation circulating in the crypto industry about U.S. regulators approving a Bitcoin spot ETF,&nbsp; which major investment firms like BlackRock and Fidelity are waiting to offer to their clients. The anticipation has sparked a rise in Bitcoin price.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
The post <a href="https://bitcoinworld.co.in/proshares-bitcoin-etf-hits-1-47b-triggering-investors-interest-in-bitcoin/" rel="noopener noreferrer nofollow">ProShares Bitcoin ETF Hits $1.47B Triggering Investors Interest In Bitcoin</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

ProShares Bitcoin ETF Hits $1.47B Triggering Investors Interest In Bitcoin

ItsBitcoinWorld

Otros artículos publicados el 30 nov 2023

Crypto Exchange Gate.io Introduces ZK-Protected Proof-of-Reserves Instrument: Review

Footsteps on Bitcoin Spot ETF: Bloomberg Analyst Reveals Secret Details and Possible Approval Date

Toncoin’s TON Cools Off, BorroeFinance Fuels a New Rally

Realizing the Potential of AI in Manufacturing: A Guide to Maximal Returns

Bitcoin’s Rally Amidst Halving Anticipation: Analysts Predict Major Upsurge

IOTA reaches 10-month highs following $100m foundation launch

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!