ProShares’ BITO debuts as second most heavily traded new ETF on record

ProShares’ first bitcoin-linked ETF in the US, BITO, enjoyed its first day of trading with historic volume, with the ETF trading over 24 million shares, representing just short of USD1 billion dollars. BITO ended its launch day with assets of USD570 million.

According to Bloomberg, BITO debuted as the second-most heavily traded new ETF on record.

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