BITO News and Press, ProShares Bitcoin Strategy ETF From 06/07/24

2024-06-07 13:45:00 ET Summary The two primary drivers of the market these days are news related to inflation and developments in artificial intelligence. The hope for the Fed to cut rates these past several months has supported equity values and suppressed rates since November. ...

ETHT targets 2x daily ether returns, while ETHD targets -2x daily ether returns and is the first ETF of its kind in the U.S. ProShares, a premier provider of ETFs, has expanded its product lineup with today’s launch of two pioneering ether-linked ETFs. The ProShares Ultra Ether E...

2024-06-05 16:40:49 ET More on ProShares Bitcoin Strategy ETF BITO: Wait For End Of Turbulence Before Investing (Rating Downgrade) BITO: Sell In May And Go Away? BITO: Ideal For Bitcoin Options Trading, Avoid Otherwise Seeking Alpha’s Quant Rating on P...

2024-06-05 06:54:43 ET Summary ProShares Bitcoin Strategy ETF has underperformed Bitcoin and faces competition from spot ETFs like iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin ETF. BITO offers attractive dividend yields of above 20% but, this may come at the expense of p...

ETHT will target 2x daily ether returns, while ETHD will target -2x daily ether returns and will be the first ETF of its kind in the U.S. ProShares, a premier provider of ETFs, announced today the upcoming launch of two pioneering ether-linked ETFs. The ProShares Ultra Ether ETF (ETHT) ...

2024-06-01 04:55:00 ET Summary In our May 2024 Bitcoin ChainCheck, we dive deeper into the shifts within the Bitcoin ecosystem following the recent halving event. Bitcoin prices displayed a slight decline of 2% over the last 30 days, currently standing at $64,815. The annualiz...

2024-05-31 11:50:00 ET Summary Michael Lee, financial services industry veteran and founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. Michael thinks the economy will avoid recession, even as inflation remains sticky, and that this shoul...

2024-05-30 10:50:00 ET Summary Amid a lack of Wall Street dealmaking this year, ETF issuers have been busy crafting new strategies. Our data show that 2024 paces to be a banner year for new US ETFs. Option ETFs, leveraged single-stock funds, and crypto are all big themes ...

2024-05-20 14:45:00 ET Summary Fed Trader's Chaim Siegel believes that the fundamentals of the market, including earnings and the economy, are good and that the market will continue to be bullish. He sees the Fed's stance on interest rates and inflation as key drivers for the mark...

2024-05-16 07:54:18 ET Summary ProShares launched several bitcoin-related ETFs, including the ProShares Bitcoin Strategy ETF and the ProShares Short Bitcoin Strategy ETF. BITO invests in bitcoin futures and has seen exceptional performance, slightly underperforming its benchmark i...