Bitcoin ETFs Remain Popular Among Investors Despite Price Slump


 
Exchange-traded funds (ETFs) backed by bitcoin (BTC) futures contracts traded in the US largely retained their trading volumes last week, despite a slump in the bitcoin price over the course of January.
According to exchange data, the ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin ETF to go live in the US in October last year – saw trading volumes of 40.83m shares during the week from February 7 to 11….
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