As Investors Await Cheap Bitcoin ETF, Bitcoin, BITO Trade Near Buy Points

Bitcoin nears an entry in a cup with handle along with futures ETF BITO and Bitcoin Trust GBTC. Investors await a cheap U.S. Bitcoin ETF.

• 2023-07-11
• Grayscale Bitcoin Trust Bitcoin ETF BITO Bitcoin prices double bottom

Weekly Inflows to Crypto Investment Products Hit $199M, Largest Since July 2022

Inflows to digital asset investment products traded on regulated exchanges worldwide reached their highest level since July 2022 last week.

• 2023-06-26
• investment products digital asset management BITO CoinShares’

Bitcoin slips but remains above US$30,000

Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.

• 2023-06-26
• Bitcoin BNB BITO Eric Balchunas 24 hours SEC

ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research

The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

• 2023-05-31
• ProShares Chicago Mercantile Exchange BITO exchange-traded fund

Bitcoin’s 70% Surge Fuels an ETF Showdown Between Bulls and Bears

(Bloomberg) -- Bitcoin’s dominant showing in 2023 is leaving exchange-traded fund investors divided on what’s next for the world’s biggest cryptocurrency.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Consider Near-Total Ban on Exports to RussiaTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTech Leads Stocks Lower With Tesla Tumbling 10%: Markets WrapThe $149

• 2023-04-21
• Bloomberg cryptocurrency Bitcoin Miners BITO