On January 13, according to the updated data on January 11 of the ProShares Bitcoin Strategy Exchange Traded Fund (BITO), the first Bitcoin trading platform trading fund in the United States.
The ETF currently holds nearly 5,000 CME futures contracts in total, compared with 4,904 at the time of writing, but its assets under management have fallen to $1.16 billion from a high of $1.4 billion in November. One reason for the decline in interest in BITO may be the prohibitive cost of running a futures-based ETF.