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ProShares Bitcoin Strategy ETF (BITO)

NYSE
Currency in USD
Disclaimer
28.20
+0.35(+1.26%)
Closed
Pre Market
28.09-0.11(-0.39%)

BITO Comments

Why is it going down?
In the uk and cant find anywhere to buy
I have been looking as well, I saw Etora but can't see the listing and I'm in the Uk
i think the uk market have blocked it, i read somewhere the fsca had expressed concerns. .
Will buy at 10
Why buy futures when you can buy the actual btc. Totally pointless this etf
If anything it allows easier price manipulation of btc just like gold market
Doesn't having futures and etf mean you can have 100 million, 100 billion bitcoins in total? The limit of 21 million is only on actual btc. So now how is any different from fiat?
If you don't need to deliver actual btc during expiry of a futures contract (only roll over of it), this effectively raises the amount btc supply. Look at how futures market causes oil price to be negative.
Can’t find to buy
good luck fellow hodlers
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