Crypto Comeback Boosts ProShares' Bitcoin Futures ETF Above $1 Billion

The recent resurgence in the crypto market, triggered by BlackRock's unexpected filing for a spot Bitcoin exchange-traded fund (ETF), has led to a significant increase in inflows into ProShares' Bitcoin futures-based ETF. ProShares' fund, which trades under the ticker code BITO, experienced inflows of $14.9 million on June 29 and $11.9 million on July 3, bringing its total assets under management (AuM) to $1.04 billion, according to ETF.com.... Read More: Crypto Comeback Boosts ProShares' Bitcoin Futures ETF Above $1 Billion