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ProShares Seeks Waiver From CME for Position Limits on New Bitcoin Futures ETF: Report

J_News by J_News
October 24, 2021
in Crypto, Top News
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ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut
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Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer can buy in the new ETF to 4,000, dropping to 2,000 three days before expiration. As each contract represents five bitcoin, total ownership is limited to 20,000 bitcoin.



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