On November 11, Bloomberg senior ETF analyst Eric Balchunas tweeted that the ProShares BTC Strategy ETF (BITO) yesterday traded $400 million worth of stocks, and its average trading volume has always been the top 2% of all ETFs.
It is reported that BITO was listed on the New York Stock Exchange on October 19 and has since accumulated more than 1.4 billion US dollars in assets under management. The analyst believes that the volume of options may be the driving factor behind BITO at this stage.
Post time: Nov-11-2021