Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year By Cointelegraph

[ad_1]


© Reuters.

(BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors.

On June 26, a surge of inflows to the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — was observed by Bloomberg senior ETF analyst Eric Balchunas.

BTC futures OI over the past month. Source: Deribit