ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April
Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high.No Bitcoin outflows despite 'rollover' risksThe fund, which uses futures contracts to gain exposure to Bitcoin's price movements, had a record 28,450 BTC under its management
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