And closer to home, the ProShares Bitcoin Strategy ETF (BITO), based on bitcoin futures, amassed around $1.5 billion in inflation-adjusted terms in the 30 days after its introduction in October 2021, when sentiment across crypto asset classes was uber bullish. As of Thursday, the fund held $1.65 billion in total assets.

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• Source: https://www.coindesk.com/markets/2024/01/05/if-a-bitcoin-etf-is-approved-heres-what-may-happen/?utm_medium=referral&utm_source=rss&utm_campaign=headlines