ProShares Bitcoin ETF Tracks Bitcoin Futures with Mixed Results
The ProShares Bitcoin ETF (Derivatives) has been tracking the performance of bitcoin futures since its inception in February 2021. According to data from CoinMarketCap, the ETF's price history shows a steady increase in value over the past year, with some fluctuations along the way.
In the early days following its launch, the ETF saw significant growth, reaching an all-time high of $62.39 in December 2021. However, it has since experienced a decline, trading at around $42.50 as of March 2023.