Coinpedia
2023-07-19 07:45:19

Bitcoin Exposure of ProShares’ BITO Hits All-Time High, Crypto ETFs Garner Record Inflows

The post Bitcoin Exposure of ProShares’ BITO Hits All-Time High, Crypto ETFs Garner Record Inflows appeared first on Coinpedia Fintech News ProShares’ Bitcoin Strategy ETF (BITO) has reached a new record high with 4,425 BTC in exposure, as crypto investors flock to Bitcoin exchange-traded products. Global ETPs, according to K33 Research, have seen a remarkable increase of 25,202 BTC ($757 million) in just four weeks until July 16, making it the second-highest monthly inflow. Although the …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.