Category: nyse arca

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

Continue Reading

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) […]

Continue Reading

A new crypto mining ETF gets launched on NYSE Arca

A new crypto mining ETF gets launched on NYSE Arca

Asset manager Viridi Funds has launched its first product: an exchange-traded fund (ETF) focused on the crypto mining sector. Dubbed the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, the fund will invest in publicly traded crypto mining and infrastructure companies that are environmentally focused. The ETF is listed on the New York Stock Exchange’s (NYSE’s) […]

Continue Reading

NYDIG Registers for a Bitcoin ETF, Morgan Stanley Named a Participant in SEC Filing

Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space. A week later after that statement, NYDIG has revealed that the company has filed for a bitcoin exchange-traded fund (ETF) and […]

Continue Reading