![If SEC Approves Spot Bitcoin (BTC) ETF, Here’s What May Happen If SEC Approves Spot Bitcoin (BTC) ETF, Here’s What May Happen](https://digitallifegaming.com/wp-content/uploads/2024/01/UDRYFZGYSZFL7FW57QBO44VJDI-768x402.jpg)
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And closer to home, the ProShares Bitcoin Strategy ETF (BITO), based on bitcoin futures, amassed around $1.5 billion in inflation-adjusted terms in the 30 days after its introduction in October 2021, when sentiment across crypto asset classes was uber bullish. As of Thursday, the fund held $1.65 billion in total assets.
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