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Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers

Topics
Bitcoin | cryptocurrencies | ETF industry

Bloomberg 



Photo: Bloomberg
Photo: Bloomberg

The crypto massacre has reworked a well-known ETF that launched essentially the most profitable debut ever into one of many greatest losers for an issuer of their first two months of buying and selling.

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First Published: Mon, January 10 2022. 00:07 IST

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