Infrastructure · October 19, 2021

ProShares BITO — first US BTC futures ETF

Price at event

$64,200

Today

$73,594

Since then

×1.1

First Bitcoin-related ETF approved in the US. Trades nearly $1B in volume on day one. Spot ETFs would still be denied for another 27 months.

⸺ Sources ⸺

primaryProShares press release: ProShares to Launch the First U.S. Bitcoin-Linked ETF on October 19 ↗
newsCoinDesk: First Bitcoin Futures ETF BITO Nears $1B Trading Volume on First Day ↗
referenceBIS Quarterly Review: Launch of the first US bitcoin ETF — mechanics, impact, and risks ↗

CFTC fines Tether $41M for misrepresenting USDT reserves

Houston Firefighters pension becomes first US public pension to buy crypto

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