From Oct. 19, when the ProShares ETF started trading, through Tuesday, BITO shares were down by 2.45%, based on a chart shared by Grayscale, the company that sponsors GBTC. Bitcoin was down 1% over the same period, and GBTC was up 7.5%. (Grayscale is a unit of Digital Currency Group, which also owns CoinDesk.)
Related posts
-
Bitcoin Payments App Strike Launches for European Customers
Strike, a product of Chicago-based Zap Solutions that is led by entrepreneur Jack Mallers, launched in... -
Bitcoin Minetrix presale enters final stage ahead of exchange listing
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Koala Coin pushes through market shifts with Aptos amid Bitcoin surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page...