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Proshares Bitcoin futures fund in top 2% of all ETFs for volume -Breaking

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© Reuters.

Since its launch on Oct. 19 Proshares’ futures exchange-traded fund (ETF) has been a popular choice with traders, rising to the top 2% of all ETFs in terms of total trading volume.

Bloomberg’s ETF Analyst SeniorEric Balchunas reported on November 11 that ProShares Bitcoin Strategy (BITO), with $400 million in shares traded yesterday and an average volume of consistently placing it among the top 2%, had $450,000,000 worth of shares traded.