ProShares Bitcoin Futures ETF ‘BITO’ Sets New Record for BTC Holdings

BITO bitcoin holdings. (ProShares)

“Investor demand for BITO remains strong, as shown by the ETF reaching a new high in assets under management,” Simeon Hyman, global investment strategist at ProShares, said in a statement to CoinDesk. “We believe this speaks to the demand for a familiar, accessible and regulated way to target the returns of bitcoin.”

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