News Explorer — ProShares Bitcoin Strategy ETF Reclaims $1B AUM

Generated by AI, curated by humans

Jul 5, 8:18 am

Unchained Crypto

ProShares Bitcoin Strategy ETF Reclaims $1B AUM

The ProShares Bitcoin Strategy ETF, BITO, has seen significant inflows over the past few weeks, pushing its assets under management (AUM) back above $1.04 billion. The fund experienced inflows of $14.9 million on June 29 and an additional $11.9 million on July 3. While the interest in a spot Bitcoin ETF is positive, the current capital flowing into these funds is still much lower than during the bull market.

The ProShares Bitcoin Strategy ETF, BITO, has seen significant inflows over the past few weeks, pushing its assets under management (AUM) back above $1.04 billion. The fund experienced inflows of $14.9 million on June 29 and an additional $11.9 million on July 3. While the interest in a spot Bitcoin ETF is positive, the current capital flowing into these funds is still much lower than during the bull market.

Latest

Apr 15, 8:32 pm

Decrypt

Justin Sun Leads Investor Revolt as Trump's World Liberty Wants WLFI Tokens Locked for Years

World Liberty Financial's governance proposal outlines a four-year vesting schedule for early supporters, subject to a t... Read Summary

Apr 15, 8:12 pm

Decrypt

'Bitcoin: Killing Satoshi' Film Cost $70 Million to Make—And Is Leaning Hard on AI

An AI-produced movie titled "Bitcoin: Killing Satoshi" is set to feature a star-studded cast and a $70 million budget, w... Read Summary

Apr 15, 7:49 pm

Coindesk

Fellowship PAC, Funded by Cantor Fitzgerald and Anchorage Digital, Supports Republican Candidates With Political Ads

Fellowship PAC, backed by $11 million, has spent $3 million on political ads through a company co-founded by Tether US C... Read Summary

Apr 15, 7:02 pm

Coindesk

Stablecoin Giant Tether Adds More Bitcoin, Boosting Stash to $7.2 Billion

Tether recently added $70 million worth of Bitcoin to its reserves, following a strategy of accumulating BTC tied to its... Read Summary

Apr 15, 5:17 pm

Decrypt

Tom Lee's BitMine Suffers $3.8 Billion Quarterly Loss as Ethereum Stash Loses Value

BitMine Immersion Technologies reported a net loss of $3.81 billion in the last quarter, mainly due to unrealized losses... Read Summary

Apr 15, 4:40 pm

Decrypt

eToro Drops $70 Million to Acquire Self-Custody Crypto Wallet Firm

eToro has acquired Zengo for $70 million, merging 40 million users with Zengo's secure wallet technology. The deal combi... Read Summary

Apr 15, 4:15 pm

Decrypt

Pakistan Allows Banks to Offer Services to Registered Crypto Companies, Ending 8-Year Ban

Pakistan has lifted its ban on banks providing crypto services, aligning with the Virtual Assets Act of 2026. Banks can... Read Summary

Apr 15, 3:43 pm

Decrypt

High Roller Technologies Rides Crypto.com Prediction Markets Deal to Stock Surge

High Roller Technologies' shares surged over 80% after partnering with Crypto.com Derivatives North America to launch a... Read Summary

Apr 15, 2:43 pm

Decrypt

Bitcoin Proposal Would Freeze Coins Without Quantum-Resistant Addresses

The proposed Bitcoin upgrade, BIP-361, aims to phase out existing signature schemes and freeze coins not migrated to qua... Read Summary

Apr 15, 1:52 pm

DL News

Circle Has No Plans to Launch Won-Backed Stablecoin in South Korea: CEO

The impasse over stablecoin issuance in South Korea continues as Circle CEO Jeremy Allaire states the firm won't launch... Read Summary

Apr 15, 12:26 pm

Decrypt

Senator Warren Raises Concerns About Elon Musk's X Money Launch, Potential Risks

Senator Elizabeth Warren expressed concerns about Elon Musk's X Money launch, citing risks to consumers, financial stabi... Read Summary

Apr 15, 10:58 am

Protos

Bitcoin 2026 Conference Lineup Includes Large Slate of Altcoin Promoters

Bitcoin 2026's speaker list includes promoters of various altcoins, despite the event being marketed as focused on Bitco... Read Summary

Apr 15, 11:13 am

Decrypt

Virginia Law Now Requires Holding Dormant Crypto for a Year Before Potential Sale

Legislation signed by Virginia Governor Abigail Spanberger updates unclaimed property rules to include digital assets, r... Read Summary

Apr 15, 9:01 am

Coindesk

Winklevoss Capital Receives $43 Million in Bitcoin After Firm's Holdings Hit 14-Year Low

In the past 24 hours, 572 bitcoins worth $42.77 million were transferred from a Gemini hot wallet to wallets owned by Wi... Read Summary

Apr 15, 10:42 am

Decrypt

Bitcoin ETFs Inflows Spike as Bitcoin Tops $75K, But Experts Urge Caution

In April, U.S. spot Bitcoin ETFs saw significant inflows due to easing geopolitical tensions and improved investor risk... Read Summary