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Large number of giants apply for BTC spot ETF

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ProShares Bitcoin Strategy (BITO), the first U.S. bitcoin futures ETF launched by asset manager ProShares in October 2021, has once again surpassed the $1 billion asset size mark, according to data posted on social media by Eric Balchunas, senior ETF analyst at Bloomberg, while the ETF also recorded its largest single-week inflow in 2023.

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