ProShares' Bitcoin Strategy ETF (BITO) recorded the highest weekly inflow in over a year as bitcoin prices broke $30,000, according to data cited by Bloomberg senior ETF analyst Eric Balchunas. Investors poured $65 million into BITO in the past week, breaking a previous 2023 high of just over $40 million in April. Watch Chart of the Day break down the data: https://www.coindesk.com/video/proshares-bitcoin-futures-etf-notches-biggest-weekly-inflow-in-a-year-data/?term=organic&utm_campaign=CoinDes

ProShares' short bitcoin ETF has raked in $11 million as investors bet on prices to fall, according to Arcane Research. This signals the fragile state of the crypto market. Chart of the Day explains the data: https://www.coindesk.com/video/recent-videos/investors-pile-into-short-bitcoin-etf-betting-on-prices-to-fall/ | CoinDesk

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