Bitcoin ETF: Investment Advisor Abandons ProShares BITO For BlackRock ETF

Burkett Financial Services, a prominent investment advisory firm, has strategically shifted its crypto investments. The firm opted to abandon the ProShares Bitcoin Strategy ETF (BITO) to go all in on BlackRock’s iShares Bitcoin Trust (IBIT). According to the latest SEC filings, Burkett Financial Services reported a substantial increase in its holdings of IBIT. Increased Instituonal Confidence The post Bitcoin ETF: Investment Advisor Abandons ProShares BITO For BlackRock ETF appeared first on CoinGape .

Source: CoinGape