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“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 CryptoX. “We believe this speaks to the demand for a familiar, accessible and regulated way to target the returns
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ProShares, one of the biggest issuers of exchange-traded funds (ETFs), has added another Ethereum-related ETF to its growing offerings following the launch
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ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new Short Ether Strategy ETF is set to start trading on the New York Stock Exchange’s Arca under the ticker symbol SETH and is designed to provide investors with an opportunity to
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ETF Research Analyst for Bloomberg Intelligence James Seyffart reported that ProShares has announced the launch of a new short Ethereum Futures ETF. According to the Oct. 13 post, trading is scheduled to kick off in 3 days on Oct. 16th under the ticker $SETH. An answer to an August filing While the SEC
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A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. One of those funds, Valkyrie’s Bitcoin Strategy ETF (BTF) – soon to be renamed – has
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The United States Securities and Exchange Commission (SEC) has been recently inundated with applications for Ether (ETH) futures exchange-traded funds (ETFs), with a grand total of 11 Ether-based filings being submitted in less than a week. The latest ProShares ETF application was filed on Aug. 3 and proposes an equal weight
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If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts." Original Source
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ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are unfounded. The ProShares Bitcoin Strategy Fund began trading on the New York Stock Exchange in October, 2021, allowing investors to gain exposure
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From the very beginning, observers speculated BITO and other futures-based ETFs would significantly underperform bitcoin due to costs associated with rolling over, or selling expiring futures contracts and buying the next set. Usually, longer-dated futures contracts trade at a premium to those closer to expiry, a condition known as contango.
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