BITO Temporarily Halts, Restarts Trading As FTX Deal Collapses

Trading of the ProShares Bitcoin Strategy ETF (BITO) was temporarily halted on Wednesday as investors, panicked by rumors that crypto exchange Binance might back out of a deal to buy rival FTX, triggered the limit up limit down rule as they left the ETF. Binance CEO Chanpeng Zhao had tweeted on Tuesday that Binance had [...] The post BITO Temporarily Halts, Restarts Trading As FTX Deal Collapses appeared first on ETF Trends .