Today news
About the same in other media
Bitcoin futures ETF debuts with highest ever first day 'natural' volume of $1B
Reading now: 909
ProShares’ Bitcoin Strategy exchange-traded fund (BITO) saw the highest ever first day “natural” volume for an ETF, with the figure reaching a little over $1 billion by the end of the opening day.
It is second overall, tailing just behind the Blackrock US Carbon Transition Readiness ETF which booked $1.16B in volume on its debut in April.
The ProShare’s Bitcoin futures-based ETF launched on the New York Stock Exchange (NYSE) on October 19 with an opening price of $40.88. According to data from TradingView, BITO closed the day at $41.94 with a total of 24.313 million shares changing hands, equating to a first-day volume of just over $1 billion.
Commenting on the BITO’s opening day performance, Bloomberg’s senior ETF analyst Eric Balchunas
Read more on cointelegraph.comAbout this in other media
Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour cointelegraph.com /3 years ago
Bitcoin futures ETFs: Good, but not quite there cointelegraph.com /3 years ago
Valkyrie Bitcoin futures ETF to launch on Nasdaq on Oct. 22 cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
