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2 Dec 2023 02:02

Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund's Bitcoin futures contracts reached a record $1.47 billion in value. That's up from $1.1 billion at the start of the month, and $544 […] The post Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares appeared first on Cryptonews.
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