ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2023. May. 30. 20:37
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.
