{"id":59242,"date":"2022-03-25T15:29:49","date_gmt":"2022-03-25T13:29:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59242"},"modified":"2025-09-04T20:49:34","modified_gmt":"2025-09-04T17:49:34","slug":"proshares-lifts-exposure-in-bitcoin-etf-to-a-record-28000-btc","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/proshares-lifts-exposure-in-bitcoin-etf-to-a-record-28000-btc\/","title":{"rendered":"ProShares lifts exposure in Bitcoin ETF to a record 28,000 BTC"},"content":{"rendered":"<p>The volume of ProShares contracts on <span data-descr=\"Chicago Mercantile Exchange\" class=\"old_tooltip\">CME<\/span> for the Bitcoin-futures-based ETF (BITO) exceeded the equivalent of 28,000 BTC. This was a record high since its launch in October 2021, according to Arcane Research analysts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to Arcane Research, the total bitcoin exposure in ProShares ETF trading under the ticker BITO on the New York Stock Exchange has climbed to a new all-time high above 28,000 BTC after having seen two weeks of strong inflows. <a href=\"https:\/\/t.co\/QIn1hKwGRa\">https:\/\/t.co\/QIn1hKwGRa<\/a> <a href=\"https:\/\/t.co\/MyHIfqzb3b\">pic.twitter.com\/MyHIfqzb3b<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1507211740899340293?ref_src=twsrc%5Etfw\">March 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Two weeks of inflows into the fund preceded the new all-time high in the measure.<\/p>\n<p>Analysts noted that the prevailing situation could force market makers to increase bitcoin purchases on the spot market in an effort to achieve <a href=\"https:\/\/www.investopedia.com\/terms\/d\/deltaneutral.asp\">delta neutrality<\/a>.<\/p>\n<p>Specialists warned of a <a href=\"https:\/\/www.investopedia.com\/terms\/r\/rollover.asp\"><span data-descr=\"closing a position in a contract that expires by opening a new one in a longer-dated contract\" class=\"old_tooltip\">rollover<\/span><\/a> this week of 3,846 March futures contracts. This is often accompanied by outflows from Bitcoin ETFs. On March 21, ProShares carried out these actions with respect to 437 contracts, but the fund&#8217;s <span data-descr=\"assets under management (AUM)\" class=\"old_tooltip\">AUM<\/span> rose by 225 BTC.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Interest in Bitcoin through traditional investment mechanisms is increasing&#8221;<\/em>, the analysts concluded.<\/p>\n<\/blockquote>\n<p>As of March 25, BITO held Bitcoin futures equivalent to 36,271.8 BTC. According to Glassnode, inflows over two weeks totaled 2,473.5 BTC.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">According to data from glassnode, the first ETF in North America, the Purpose Bitcoin ETF, holds a new high in the number of Bitcoins. Currently, the ETF holds 36,271.8BTC, and has a net increase of 2,473.5BTC in the past two weeks. <a href=\"https:\/\/t.co\/FyedtobQTz\">pic.twitter.com\/FyedtobQTz<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1507237699861639171?ref_src=twsrc%5Etfw\">March 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>BITO <a href=\"https:\/\/forklog.com\/en\/news\/proshares-bitcoin-futures-etf-posts-the-second-most-active-debut\">showed<\/a> the second-most active debut.<\/p>\n<p>Earlier, Bitwise Asset Management CIO Matthew Hougan <a href=\"https:\/\/forklog.com\/en\/news\/opinion-bitcoin-futures-etfs-are-not-suitable-for-long-term-investors\">doubted<\/a> that such instruments are suitable for long-term investors.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volume of ProShares contracts on CME for the Bitcoin-futures-based ETF (BITO) exceeded the equivalent of 28,000 BTC. This was a record high since its launch in October 2021, according to Arcane Research analysts.<\/p>\n","protected":false},"author":1,"featured_media":59243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,825,1211],"class_list":["post-59242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-proshares","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=59242"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59242\/revisions"}],"predecessor-version":[{"id":59244,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59242\/revisions\/59244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/59243"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=59242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=59242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=59242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}