ProShares reports an impressive growth of 59.6% in the BITO fund since the start of 2023. 
As of June 25, the open interest reached $319 million, showcasing a noteworthy growth of approximately 30%.
The sudden surge of Bitcoin ETF applications in the United States has immediately piqued the attention of institutional investors. According to Bloomberg’s senior ETF analyst, Eric Balchunas, ProShares’ Bitcoin Strategy ETF (BITO), a Bitcoin futures fund available in the U.S., recently experienced its highest weekly influx in over a year.
The Bitcoin Futures ETF $BITO had its biggest weekly inflow in a year as assets top $1b again. It also traded half a billion in shares on Friday, which it’s only done about 5 times before via @SirYappityyapp pic.twitter.com/Xrq0lUaaTO
— Eric Balchunas (@EricBalchunas) June 25, 2023

ProShares reports an impressive growth of 59.6% in the BITO fund since the start of 2023. This influx coincided with Bitcoin (BTC) prices surpassing the $30,000 mark, an

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