Tag Archives: Pro Shares

Pro Shares was the U.S.’s first official bitcoin-based exchange-traded fund (ETF), though it’s taken a lot of flak over the past two years given it’s centered on futures rather than spot trading. Pro Shares: Is It Everything It Claims to Be? In recent weeks, the company has also taken guff given analysts believe the trading of the derivatives available through the ETF will lead to tracking errors, but Pro Shares doesn’t think this is accurate. Known as the Pro...

Pro Shares became famous last summer when it announced it would be unveiling the United States’ first bitcoin-based exchange-traded fund (ETF). Pro Shares Has Gone from Hero to Zero Many analysts and traders had mixed feelings about the product. On one hand, traders in the U.S. would now be gaining access to a product they had long wished for. Many people were hoping that a bitcoin-based ETF would come along soon, though there were those who doubted the product as it was...

Simeon Hyman is the global investment strategist at Pro Shares. He recently sat down to discuss the current state of the crypto market and what he thinks the future holds. Simeon Hyman on the State of Crypto Pro Shares is famous for releasing the first official bitcoin exchange-traded fund (ETF) last year. While the product got a lot of flak for being based on bitcoin futures rather than actual spot trading – the former being considered less stable than the latter – it...

Pro Shares should be a name that everyone in the crypto space knows and understands. Not long ago (during the summer of 2021), the company unveiled a real bitcoin-based exchange-traded fund (ETF). Pro Shares and the Success of Its ETF The product was not based on actual bitcoins but on futures technology. This got a lot of people talking negatively about it early, though many other analysts felt that while it was inferior to spot trading, it was a step in the right...

Leading trading technology provider Mercury Digital Assets has unveiled its new BEACON OTC platform. The software is designed to provide several crypto markets – including ATMs and digital exchanges – with institutional services that will help them provide crypto derivatives and spot trading for customers. Mercury Digital Is a Leading OTC Provider Crypto has come a long way in the past several years. While initially traders could only invest in specific coins through...

There has been a lot of hype surrounding the recent Pro Shares bitcoin-based exchange-traded fund (ETF). The product has been something traders have long sought, and after many failed applications, it looks like an ETF has finally been unveiled. This ultimately drove bitcoin into reaching its most recent all-time high of approximately $66,000 per unit. Why the Bitcoin ETF Isn’t All It’s Cracked Up to Be While things have appeared rather stable for the past few weeks,...

Popular investment firm Invesco is delaying the launch date of its new bitcoin ETF. The news comes at an ironic time given that Pro Shares is pulling back the curtain on its own crypto ETF, which has been trading on the New York Stock Exchange (NYSE) for the past week. Invesco Is Holding Back… For Now The journey of bitcoin ETFs in the U.S. has been a rocky one. Companies such as Van Eck have been trying for years to get greenlights on their products, only to be...

A bitcoin-based exchange-traded fund (ETF) has finally made its way to the middle of North America. The United States has long awaited the introduction of a bitcoin ETF after many years have gone by of companies submitting applications only to have them rejected ungraciously. A Bitcoin ETF Has Made Its Way to the U.S. This new product is being offered by Pro Shares and is being traded on the New York Stock Exchange (NYSE). It trades under the ticker BITO, and investors...