ProShares’ Bitcoin Strategy ETF (ARCA: BITO) peaked at a high of $1.47 billion in Assets under Management (AuM) this week, up from $850 million as of Oct.12, 2023, breaking its record dating back to December 2021. Driven by a resurgence in institutional interest in Bitcoin from regulated and accredited investors, the ETF reached new AuM heights, further buoyed by the recent filings for spot Bitcoin ETFs in the U.S. “We believe this speaks to the demand for a familiar, accessible, and regulated way to target the returns of bitcoin,” Simeon Hyman, global investment strategist at ProShares said, …