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Home INVERST IN ICO

Bitcoin Futures ETF is so popular that it’s breaching futures limits set by TradFi

CB4U by CB4U
January 5, 2022
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Bitcoin Futures ETF is so popular that it’s breaching futures limits set by TradFi
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The first US Bitcoin (BTC) exchange-traded fund is rapidly getting close to breaching a limit on the number of futures contracts it is permitted to hold, Bloomberg reported.

Just days after launch, the ProShares Bitcoin Strategy ETF (BITO) already owns nearly 1,900 contracts for October, and Chicago Mercantile Exchange (CME) limits the number of front-month contracts to 2,000.

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