ProShares’s exchange-traded fund, which invests in bitcoin futures contracts, closed its first trading day with nearly $1 billion in volume. one of the best openings made one.
on the New York Stock Exchange (NYSE) yesterday. BITO ETF listed by code on its first day from $990 million by gaining more volume, entering the stock market in March 2021 and on its first day $439 million outperformed the VanEck Social Sentiment ETF (BUZZ), which achieved volume.
BlackRock’s ESG-focused exchange-traded fund, according to Bloomberg data, on the day it entered the stock market in April. $1.25 billion He broke the record by seeing volume.
In terms of transaction volume one of the best opening days According to the data shared by ProShares, BITO, who signed one of the $570 million under management closed with the asset. The fund, which entered the stock market with $ 20 million, poured about $ 550 million in its first day.
Bitcoin price in the night connecting Tuesday to Wednesday with Turkey time $64,500 reached an all-time record level.
According to Bloomberg, BITO options will be listed on the NYSE Arca Options and NYSE American Options exchanges on Wednesday.
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), told CNBC yesterday. during the interview Fund created by ProShares It is subject to the 1940 Act. and the products included in the fund, “for four years It is overseen by the Commodity Futures Trading Commission (CFTC)” He emphasized that it can provide protection for investors.
ProShares; gens to the Law of 1933 He was the first person to apply accordingly after expressing his interest in exchange-traded funds that were not prepared according to CME and plan to invest in futures contracts traded on the CME.
Companies like Valkyrie, VanEck, Invesco, and BlockFi have also applied to create a similar type of ETF to ProShares. Invesco’s announcement on Monday revealed its work to set up such an ETF. that you terminated announced.
In addition, as Grayscale Investments did yesterday, directly spot bitcoin price There are also names that have applied to establish the type of ETF that will reflect it.