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ProShares Bitcoin Strategy ETF’s daily trading volume exceeds $2 billion, reaching an all-time high

ProShares Bitcoin Strategy ETF’s daily trading volume exceeds $2 billion, reaching an all-time high

CointimeCointime2024/01/12 00:33
By:Cointime

Data released by Bloomberg analyst Eric Balchunas shows that the daily trading volume of the ProShares Bitcoin Strategy ETF (BITO) has exceeded $2 billion, reaching a historical high.

The analyst said, "Perhaps some of the funds are redemptions, but I think more of BITO's liquidity will serve market makers for a period of time."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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