Marex Solutions has started quoting on the newly launched Proshares Bitcoin Strategy ETF, to expand its structured product offering linked to Bitcoin and Ethereum.

The non-banking issuer has launched the first ever autocallable note on BITO - the Proshares Bitcoin Strategy ETF. The Proshares Bitcoin Strategy ETF launched last week is the first-ever ETF in the US-backed by Bitcoin futures which is also the first ETF to reach the US$1bn mark in the shortest period of time.  We continue to see a lot of demand on crypto-linked products, such as autocalls and the cash & carry trade - Joost Burgerhout, Marex Financial Products The autocall on BITO

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