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ProShares Says Bitcoin ETF Has Matched BTC Price Closely, 'Roll Cost' Concerns Are Unwarranted

Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.

Updated Jul 21, 2023, 8:36 a.m. Published Jul 21, 2023, 8:36 a.m.
New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
(Cheyenne Ligon/CoinDesk)