Bitcoin

Out of context: Reply #2271

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    "ProShares Bitcoin Strategy ETF, the first U.S. bitcoin futures ETF, was second most traded stock among Fidelity customers on Tuesday

    Fidelity customers placed 10,104 buy orders and 71,266 sell orders for BITO on its commission-free brokerage platform

    $BITO"

    "Dave Nadig, chief investment officer and director of research at ETF Trends noted on Tuesday there were very few block trades in BITO, suggesting smaller investors and high-frequency trading firms dominated trading"

    https://twitter.com/DeItaone/sta…

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    • So just a tool for the Street to short BTC without exposure
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