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

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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.

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