Keep This ETF in Your Back Pocket to Fight Off Inflation

Global inflation continues to weigh on the minds of investors, which is why having diversified exposure to alternative assets is a must in order to fend off inflation. One alternative is bitcoin, which has had a roller coaster ride over the past few months. After reaching an all-time high in November 2021, the leading cryptocurrency has fallen below $50,000 after seeing upwards of $69,000.
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Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months – Finance Bitcoin News

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 64 days. Valkyrie’s bitcoin ETF has also shed 37% in value over the last two months.
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Interest in Bitcoin Futures ETFs Falls As BTC Price Heads Down

ProShares Bitcoin Strategy Exchange Traded Fund (BITO) recently suffered a low interest rate since BTC price’s volatile status. In fact, BITO has had the lowest CME contract amount since last November 2021. According to Proshares’ latest update on January 11, the Bitcoin futures exchange-traded fund (ETF) has a total...

Bitcoin Futures ETFs See Decline In Interest

The ProShares Bitcoin Strategy Exchange Traded Fund (BITO) has witnessed a great launch. However, interest has drastically waned since then. Now, its CME contracts amount has continued being the lowest since November of last year. The Reason Behind The Lack Of Interest In Bitcoin Futures. CME stands for Chicago Mercantile...

Interest wanes in Bitcoin futures ETF’s as contracts fall below 5K

After a stellar launch, interest has waned in the ProShares Bitcoin Strategy Exchange Traded Fund (BITO), which now has the lowest amount of CME contracts since Nov. 2021. The Bitcoin futures exchange-traded fund (ETF) holds a total of 4,904 Chicago Mercantile Exchange (CME) futures contracts, according to the fund's latest update from Tuesday. A Bitcoin futures ETF allows investors to speculate on the future price of Bitcoin (BTC) without having to hold the asset themselves.

Bitcoin ETF Boredom Leaves “Lackluster Interest” Behind

Interest around the futures-based Bitcoin ETF has been lackluster recently as BITO now holds less than 5000 CME contracts for the first time since November. Futures-Based Bitcoin ETF Now Observes Diminishing Interest. As per the latest weekly report from Arcane Research, the futures-based BTC ETF, ProShares’ BITO, now holds less...

Fidelity Adds Bitcoin Exposure To Traditional ETFs

Fidelity Investments Canada, the country’s first regulated institutional bitcoin custodian, has added a bitcoin allocation to two of its All-in-One exchange-traded funds, a set of low-risk ETFs that seek to provide investors with exposure to different assets, regions, market capitalizations, and investment styles. The addition will change the funds’ risk ratings to “medium.”

Bitcoin ETF goes from boom to bust after record US launch

Bitcoin, the biggest digital asset by market worth, misplaced greater than 34% within the two months after BITO’s debut on October 19, and is down considerably from a November peak of above $68,000 per coin. Since the beginning of the 12 months, Bitcoin is roughly 10% decrease. The crypto...