BITO Experiences Significant ETF Outflows

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The ProShares Bitcoin Strategy ETF (BITO) experienced a significant outflow of approximately $106.3 million, resulting in a 5.7% week-over-week decrease in shares outstanding, dropping from 90 million to 84.84 million.

Over the past year, BITO reached a high of $33.79 and a low of $12.79, with the most recent trading price at $21.14.

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