ProShares Bitcoin Strategy ETF gained nearly 5% in its NYSE debut, with ~$981M in trading volume, making it the second most traded ETF debut ever per FactSet
Michael Wursthorn / Wall Street Journal :
Wall Street Journal Michael Wursthorn
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Discussion
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@ericbalchunas
Eric Balchunas
on x
$BITO just about at $1b in total volume today (curr $993m but trades still trickling in). Easily the biggest Day One of any ETF in terms of ‘natural’ volume. It also traded more than 99.5% of all ETFs (incl some bigs like $DIA, $ARKK, $SLV). It def defied our expectations.. https…
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@mstaretfus
Ben Johnson
on x
ProShares' PR says $BITO ended the day with $570 million in assets. #Bitcoin
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@hansthered
Hans Hodl
on x
The #Bitcoin ETF hit so hard it crashed the Proshares website. Epic.
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@travis_kling
Travis Kling
on x
Don't ever forget the CCP and “ESG” went hammertime on #Bitcoin for two months and as soon as they laid off for a minute it did a double straight in their face back to ATH and now ProShares launched the second most successful ETF ever and I'm just curious how all that tastes.
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@mstaretfus
Ben Johnson
on x
Started with $20 million in seed, so that's ~$550 million in day 1 inflows.
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@zhusu
@zhusu
on x
Proshares #bitcoin futures ETF has casually net slurped 8.8k $BTC or so on day1 https://twitter.com/...
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@alistairmilne
Alistair Milne
on x
Aha, so the #Bitcoin ETF *was* the biggest launch day ever in ‘natural’ volume. By far. https://twitter.com/...
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@crypto_daily
@crypto_daily
on x
Proshares #Bitcoin futures ETF $BITO has successfully launched in the US. Gensler's reasoning as to why a futures ETF is allowed but not a regular $BTC ETF is allowed sounds a lot like “we would have no direct control over a direct ETF”
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@jonnymoetrades
Jonny Moe
on x
Thinking maybe this ETF thing might become important https://twitter.com/...
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@travis_kling
Travis Kling
on x
This massively exceeded my expectations. https://twitter.com/...
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@schuldensuehner
Holger Zschaepitz
on x
After years of delays, the first #Bitcoin-linked ETF in the US makes its debut in watershed moment. Roughly 6 million shares of BITO changed hands 20 minutes in. https://www.bloomberg.com/... https://twitter.com/...
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@awealthofcs
Ben Carlson
on x
When a real Bitcoin ETF comes out it is gonna be MASSIVE I think ppl are underestimating the amount of $$$ that is waiting for this https://twitter.com/...
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@zguz
Zack Guzmán
on x
The ProShares #bitcoin futures ETF has now traded north of $995,969,000 in volume in its first day. That marks a new record for the best ever natural trading volume debut for an ETF Bitcoin now less than $1,000 away from hitting a new record high as it passes $64,000 $BITO
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@bopinion
@bopinion
on x
Investing in a Bitcoin ETF is potentially far riskier than actually owning Bitcoin https://www.bloomberg.com/...