News Explorer — ProShares Bitcoin Strategy ETF Reclaims $1B AUM

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Jul 5, 8:18 am

Unchained Crypto

ProShares Bitcoin Strategy ETF Reclaims $1B AUM

The ProShares Bitcoin Strategy ETF, BITO, has seen significant inflows over the past few weeks, pushing its assets under management (AUM) back above $1.04 billion. The fund experienced inflows of $14.9 million on June 29 and an additional $11.9 million on July 3. While the interest in a spot Bitcoin ETF is positive, the current capital flowing into these funds is still much lower than during the bull market.

The ProShares Bitcoin Strategy ETF, BITO, has seen significant inflows over the past few weeks, pushing its assets under management (AUM) back above $1.04 billion. The fund experienced inflows of $14.9 million on June 29 and an additional $11.9 million on July 3. While the interest in a spot Bitcoin ETF is positive, the current capital flowing into these funds is still much lower than during the bull market.

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