What exchange is BITO traded on?

The ProShares Bitcoin Strategy ETF, ticker symbol BITO, is a financial instrument listed on the NYSE Arca exchange. This ETF provides investors with an opportunity to gain exposure to the price movements of Bitcoin without directly owning the cryptocurrency.

BITO aims to track the performance of Bitcoin futures contracts, allowing investors to participate in the potential growth of Bitcoin's value without the complexities and risks associated with directly buying, storing, or trading the asset.

BTCC, a top cryptocurrency exchange, offers a range of services to investors interested in the cryptocurrency market. These services include spot trading, where investors can buy and sell cryptocurrencies at current market prices, and futures trading, which allows investors to speculate on the future price of Bitcoin and other digital assets.

BTCC also provides a secure wallet service for storing cryptocurrencies, ensuring that investors' assets are protected against theft or loss. With its comprehensive suite of services, BTCC caters to the diverse needs of investors in the cryptocurrency space.

The launch of BITO marks a significant milestone in the evolution of Bitcoin as an asset class, as it introduces the cryptocurrency to a broader audience of investors who may not have had access to it before.