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Trading Volume on Proshares Bitcoin ETF Tanks 75% as Focus Shifts to Spot ETFs

Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.

By Omkar Godbole|Edited by Parikshit Mishra

Updated Apr 9, 2024, 11:06 p.m. Published Jan 22, 2024, 8:24 a.m.

A user tracks charts on an tablet with a keyboard and larger monitor in the background. — (Wance Paleri/Unsplash)