Bitcoin ETFs: US investors still prefer long exposure

Bitcoin ETFs: US investors still prefer long exposure
фото показано с : invezz.com

2022-7-7 18:42

Net short exposure in the Proshares Short Strategy Bitcoin ETF (BITI) grew 300% last week, according to a report from crypto platform Arcane Research.

Per the firm, investor exposure in BITI, a recently launched inverse BTC exchange traded fund – the first in the US market – increased by more than 300% this past week. The data shows the more traders have shorted BTC even as the market continues to struggle with negative sentiment.

BITI, the first inverse BTC ETF, grew further last week.

After becoming the second-largest bitcoin-related BTC ETF in the U.S. after only four days of trading, the net short exposure has grown further and increased by more than 300% last week. pic.twitter.com/wu0t8q3X0j

— Arcane Research (@ArcaneResearch) July 6, 2022 ProShares’ short bitcoin ETF sees huge inflows

Investors use inverse ETFs to gain exposure to potential profit when the price of Bitcoin falls. As crypto continues to struggle, interest in the product has increased.

The net short BTC exposure via BITI, according to Arcane’s data published Monday, showed inflows jumped towards the end of last week. The ETF,  which held an equivalent of 3811 bitcoins in net inverse positions at the time of the report, saw 1684 BTC and 700 BTC of inflows on Wednesday and Thursday.

The inflows represented a 306% jump in net short exposure during the week, the research platform said in its report.

But while BITI saw a threefold increase, it represents a small part of the overall Bitcoin ETF exposure.

At current holdings, the ETF is roughly 12% of the cash settled Proshares Bitcoin Strategy ETF (BITO) – which suggests that most ETF investors have a positive outlook for Bitcoin.

The post Bitcoin ETFs: US investors still prefer long exposure appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

3X Short Bitcoin Token (BEAR) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1288 (-100%)

exposure bitcoin short week biti exchange btc

exposure bitcoin → Результатов: 126


According To The SEC, Morgan Stanley Owns 28,200 Shares Of Grayscale Bitcoin Trust

Morgan Stanley, a Wall Street investment bank, has gotten exposure to Bitcoin (BTC) through Grayscale, indicating that institutional adoption of digital assets is growing. Morgan Stanley Owns 28k Shares According to a June 28 filing with the US Securities and Exchange Commission, the Morgan Stanley Europe Opportunity Fund, which invests in established and growing firms […]

2021-6-29 00:57


Фото:

Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash

Guggenheim has registered a new fund with the U. S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling cryptocurrency Tulipmania.

2021-6-3 05:00


Wells Fargo Unveils New Crypto Strategy For Qualified Clients

Wells Fargo might become the latest banking firm to embrace cryptocurrencies. The bank is set to debut its new cryptocurrency investment strategy in Mid June, according to Business Insider. From Crypto Cynic to Believer The strategy would see qualified investors get some form of Bitcoin exposure, as stated by Darrell Cronk, the president of the […] The post Wells Fargo Unveils New Crypto Strategy For Qualified Clients first appeared on BitcoinExchangeGuide.

2021-5-20 20:21


Фото:

Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors

Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional investors such as family offices, high net worth individuals, and others, exposure to bitcoin, ether, as well as other cryptos and itRead More

2021-4-22 17:00