It’s BITO vs. GBTC vs. BTC as Bitcoin ETF Wars Warmth Up

 It’s BITO vs. GBTC vs. BTC as Bitcoin ETF Wars Warmth Up



From Oct. 19, when the ProShares ETF began buying and selling, by way of Tuesday, BITO shares had been down by 2.45%, based mostly on a chart shared by Grayscale, the corporate that sponsors GBTC. Bitcoin was down 1% over the identical interval, and GBTC was up 7.5%. (Grayscale is a unit of Digital Forex Group, which additionally owns CoinDesk.)



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