Goodnight’s First Bitcoin ETF Breaks $2.3 Billion in Two Weeks on the Market!

Nov. 2 (Bloomberg) — The full market capitalization of the nation’s first bitcoin-linked ETF, the Bitcoin Technique ETF (ticker: BITO), sponsored and managed by ProShare, has surpassed $2.3 billion as of Oct. 29, 2021, in accordance with the corporate’s official web site. In keeping with BITO’s official information, as of Oct. 29, its market capitalization was $2.393 billion, of which 51.15% had been bitcoin futures contracts and the remaining 48.85% had been U.S. authorities bonds. bitcoin futures contracts held by BITO are cash-settled bitcoin futures issued by the Chicago Mercantile Change (CME), and all present positions expire on Nov. 26.


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