ProShares


Markets

BlackRock and ProShares' Bitcoin ETFs Surpassed GBTC's Daily Volumes

GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.

(Pixabay)

Videos

World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Aum

ProShares' Bitcoin Strategy ETF hit a high of nearly $1.5 billion in assets under management this week, surging past a record set in 2021. ProShares Global Investment Strategist Simeon Hyman weighs in on the renewed institutional interest and what this means for the broader crypto markets. 

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Markets

World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management

ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Videos

Bitcoin's Recent Rally Is a 'Vote Towards Resilience,' Strategist Says

As part of CoinDesk's Trading Week 2023, presented by CME Group, ProShares Global Investment Strategist Simeon Hyman weighs in on bitcoin's recent rally despite the "challenging news flow" and headwinds in the industry. "The rally that we've seen in cryptocurrency...is certainly a vote towards resilience," Hyman said.

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Videos

ProShares Launches Short Ether-Linked ETF

ProShares recently launched the ProShares Short Ether Strategy (SETH), an ETF enabling investors to take a bearish stance on ether. ProShares Global Investment Strategist Simeon Hyman discusses joins "First Mover" to discuss, as part of CoinDesk's Trading Week 2023, presented by CME Group. Hyman also discusses the road ahead for crypto-linked ETFs and bitcoin's (BTC) recent rise above $35,000.

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Videos

ProShares Global Investment Strategist on Ether Futures ETF Outlook

Nine exchange-traded funds (ETFs) offering exposure to ether futures launched on the same day last week. ProShares global investment strategist Simeon Hyman discusses the debut of the ProShares Ether Strategy ETF (EETH) and competition in the space. Also Hyman gives an update on the ProShares Bitcoin Strategy ETF (BITO) as crypto traders await a spot bitcoin ETF approval in the U.S.

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Markets

First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

The latest price moves in crypto markets in context for August 4, 2023.

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Markets

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.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Markets

ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research

The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

(K33 Research)

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