Crypto Comeback Boosts ProShares' Bitcoin Futures ETF Above $1 Billion
The recent resurgence in the crypto market, triggered by BlackRock's unexpected filing for a spot Bitcoin exchange-traded fund (ETF), has led to a significant increase in inflows into ProShares' Bitcoin futures-based ETF...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
ProShares' fund, which trades under the ticker code BITO, experienced inflows of $14.9 million on June 29 and $11.9 million on July 3, bringing its total assets under management (AuM) to $1.04 billion, according to ETF.com....
Read More: Crypto Comeback Boosts ProShares' Bitcoin Futures ETF Above $1 Billion
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Blackrock and Vaneck Lead $90 Million Bitcoin ETF Inflow as Funds Notch First Green Week Since May
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $90.44 million on July 10 while ether funds added $18.43 million, sealing...
Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin cal...
$5.25 million stolen in suspected Hedera network exploit as funds move to Ethereum
The Hedera exploit highlights ongoing vulnerabilities in blockchain networks, potentially undermining trust and impacting future i...
Hyperliquid (HYPE) Price Prediction: HYPE Holds Above 200 EMA as Fair Value Gap Retest Fuels $92 Outlook
While the Hyperliquid price pulled back from recent highs near $76–$77, several market observers argue that the retracement remain...
XRP ETFs Brush Against $1 Billion in Assets as 9-Week Inflow Streak Comes to an End
U.S. spot XRP exchange-traded funds (ETFs) ended July 10 holding $996.65 million in combined net assets, just $3.35 million shy of...
A $293 billion fight over Satoshi’s Bitcoin just got a lot more complicated
A lawsuit seeking legal ownership of long-dormant Bitcoin addresses, including wallets tied by researchers to Bitcoin’s earliest m...