{"id":355766,"date":"2021-10-21T06:24:53","date_gmt":"2021-10-21T03:24:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-futures-etf-hits-1b-aum-in-a-record-breaking-two-days\/"},"modified":"2021-10-21T06:24:53","modified_gmt":"2021-10-21T03:24:53","slug":"bitcoin-futures-etf-hits-1b-aum-in-a-record-breaking-two-days","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-futures-etf-hits-1b-aum-in-a-record-breaking-two-days\/","title":{"rendered":"# Bitcoin futures ETF hits $1B AUM in a record-breaking two days"},"content":{"rendered":"

“# Bitcoin futures ETF hits $1B AUM in a record-breaking two days <\/strong>”
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Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM).<\/p>\n

The highly anticipated launch of the first Bitcoin futures exchange-traded fund in the United States, BITO, has resulted in a number of milestone achievements.<\/p>\n

Bloomberg senior ETF analyst Eric Balchunas reported that the fund was the quickest ever to reach a ten-figure AUM after just two days of trading. BITO easily surpassed the previous record holder, a gold-based fund with the ticker GLD, which took three days to hit the billion-dollar mark in 2004.<\/p>\n

He commented that this was \u201cpoetically apropos,\u201d presumably in reference to Bitcoin\u2019s store of value properties and comparison to digital gold. <\/p>\n

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RECORD BREAKER: $BITO<\/a> assets up to $1.1b after today, making it the fastest ETF to get to $1b (2 days) breaking $GLD\u2019s 18yr old record (3 days), which is poetically apropos. https:\/\/t.co\/yGXyfwaogD<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) October 20, 2021<\/a><\/p><\/blockquote>\n