Over Half Billion In Volume Recorded For Bitcoin Futures ETF In 2Hrs


The first-ever bitcoin futures exchange-traded fund, the ProShares Bitcoin Strategy Fund (BITO) rolls out on the New York Stock Exchange to become the biggest launch of the year within an hour, with more than $400 million traded already in one hour according to Jonathan Cheesman (head of over-the-counter and institutional sales at FTX). Also, Trading Volume hits $500 million just after 11:00 am EDT as Eric Balchunas, ETF analyst at Bloomberg Intelligence reveals