Traders Brush Off Bitcoin Plunge, Pile Into Crypto ETFs
December 29, 2021 at 15:48 PM EST
Bitcoin has taken a massive hit, but investors are still piling onto exchange traded funds that track bitcoin futures. The ProShares Bitcoin ETF (BITO) has enjoyed $40 million in net inflows so far in December, its third consecutive monthly positive inflow, Bloomberg reports. Additionally, the...