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record inflows into ultrashort bitcoin etf as rally stalls

The ProShares UltraShort Bitcoin ETF (SBIT) experienced its highest daily inflow since its April launch, attracting $18.8 million as investors bet against Bitcoin amid concerns that the recent rally, spurred by Donald Trump's election, may be overdone. Additionally, the ProShares Short Bitcoin ETF (BITI) saw approximately $23 million in inflows over the past two trading sessions, marking one of the year's highest totals.
bloomberg.com
ProShares USA
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10:56 26.11.2024
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