BITO Outpaces GLD to $1 Billion AUM
October 21, 2021 at 11:17 AM EDT
To add another notch to the gold versus bitcoin argument for investors, the ProShares Bitcoin Strategy ETF ( BITO ) has managed to surpass the previously held record for the shortest amount of time for an ETF to hit $1 billion in assets under management, hitting the milestone in only its second day of trading.
