Data: ProShares Bitcoin Futures ETF BITO fund management scale hits a new high since December 2021

According to CoinDesk, ProShares' Bitcoin Strategy ETF (BITO) had assets under management (AUM) of US$1.47 billion this week, a new high since December 2021.

“Investor demand for BITO remains strong, as evidenced by the ETF reaching new highs in assets under management,” said Simeon Hyman, global investment strategist at ProShares, in a statement to CoinDesk. “We believe this speaks to investor demand for a familiar, accessible and regulated way to realize returns in bitcoin. Since inception, BITO has averaged $160 million in daily volume, ranking in the top 5% of all U.S. ETFs.”