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Friday, October 22, 2021

Proshares Bitcoin Strategy ETF (BITO) Nearing Limit on Allowed Contracts - Bloomberg

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Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good. 

The Proshares Bitcoin Strategy ETF (ticker BITO) is already on track to breach a limit on the number of futures contracts it is permitted to hold by the Chicago Mercantile Exchange, according to data compiled by Bloomberg.

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"danger" - Google News
October 22, 2021 at 01:16AM
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Proshares Bitcoin Strategy ETF (BITO) Nearing Limit on Allowed Contracts - Bloomberg
"danger" - Google News
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