ProShares Bitcoin Strategy ETF (BITO)
| Assets | $1.44B |
| NAV | $36.25 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 39.80M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -17.10% |
| Volume | 13,723,542 |
| Open | 36.06 |
| Previous Close | 36.29 |
| Day's Range | 32.69 - 36.12 |
| 52-Week Low | 32.69 |
| 52-Week High | 32.69 |
| Beta | n/a |
| Holdings | 6 |
| Inception Date | Oct 18, 2021 |
About BITO
ProShares Bitcoin Strategy ETF is the first U.S. bitcoin-linked ETF offering investors an opportunity to gain exposure to bitcoin returns in a convenient, liquid and transparent way. The Fund seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts.
News
ProShares CEO Named on 2021 Bloomberg 50 List
The Bloomberg Businessweek recently announced its annual list of the top leaders, innovators and entrepreneurs within the business world over the last year, and ProShares CEO Michael L. Sapir was includ...
Simeon Hyman: What Investors Overlook About Bitcoin Futures
When the ProShares Bitcoin Strategy ETF (BITO) launched back in October, it became the fastest ETF to reach $1 billion dollars in assets under management. Since its debut, BITO has remained highly activ...
Buy This Instead of a Bitcoin ETF
Investors first need to realize exactly what they own when speculating with any investment.
'I'm still very bullish' on a pure-play bitcoin ETF in early 2022, Gemini executive says
Clearer regulatory guidelines in the cryptocurrency space could pave the way for a physical bitcoin-based exchange-traded fund, says Gemini's David Abner.
Pure-play bitcoin ETF is imminent, Gemini's global head of business development says
David Abner, global head of business development at cryptocurrency exchange Gemini, shares his predictions for the future of bitcoin-based exchange-traded funds. With CNBC's Leslie Picker and ETF Trends...
VanEck To Launch Bitcoin Futures ETF
It looks like the issuer was waiting for the SEC's verdict on its proposed physical bitcoin ETF.
Pure-play bitcoin ETF unlikely to win approval until 2022 or later, two market analysts say
Exchange-traded funds backed by bitcoin itself are likely a long way off after the SEC's latest rejection, two market analysts say.
ETF Edge: Dave Nadig On The Bitcoin ETF Outlook
Inflation and Bitcoin remain the two big stories in the ETF World. For this week's “ETF Edge,” host Bob Pisani is joined by Dave Nadig, ETF Trends' CIO and Director of Research, James Davolos, Portfolio...
Bitcoin ETF outlook for 2022 after another SEC rejection
Anna Paglia, head of ETFs and indexed strategies at Invesco, and Dave Nadig, chief investment officer and director of research at ETF Trends, talk the prospects for a physical bitcoin ETF with CNBC's Bo...
ETF Edge: Bitcoin ETF bust
Jim Davolos, portfolio manager at Horizon Kinetics, and Anna Paglia, global head of ETFs and index strategy, join Bob Pisani on ETF Edge to discuss the future of Bitcoin ETFs.
ETF Trades to Combat Hot Inflation Data
Take a look at some ETF areas that can be considered good investment options amid the rising inflation concerns.
SEC Rejects VanEck Spot Bitcoin ETF
Months after VanEck's spot bitcoin ETF was submitted, it has been rejected by the SEC. The SEC's ruling said, “The Commission concludes that BZX has not met its burden under the Exchange Act and the Com...
TD Ameritrade: Dave Nadig Talks BITO, JETS & The Equity Market
On Monday, ETF Trends CIO and Director of Research Dave Nadig was on hand for the TD Ameritrade Network to discuss what's happening with the equity market with host Tom White. As stated, looking at equi...
JPMorgan Eyes $146,000 Price for Bitcoin
Global investment firm JPMorgan reaffirmed its forecast of bitcoin reaching the $146,000 price level as the digital currency continues to substantiate its “digital gold” moniker. The leading cryptocurre...
3 Bitcoin ETFs to Give Investors A Taste of the Hot Crypto
ETFs based on Bitcoin futures may not be suitable for most investors, as they are highly volatile in the short run. But these three stand out.
This $20 trillion corner of investing could drive the lion's share of crypto ETF demand, CEO says
Middle-market financial advisors could help drive demand for cryptocurrency-based exchange-traded funds, says ETF Trends CEO Tom Lydon.
Bitcoin Futures ETFs – Fees, Roll Costs, & Bridges
“1993 is remembered for the first equity ETF, 2002 for the first bond ETF, and 2004 for the first gold ETF. 2021 will be remembered for the first cryptocurrency-linked ETF”.
What You Should Know About Bitcoin ETFs
The bitcoin ETFs will spur billions of dollars managed by pension funds, retirement and tax-saving accounts and other large investors into the sector, resulting in ample liquidity.
October to See 3 Bitcoin Futures ETFs? Let's Explore (Revised)
October 2021 will be long-remembered in the investing world for the launch of bitcoin futures ETFs.
October to See 3 Bitcoin Futures ETFs? Let's Explore
October 2021 will be long-remembered in the investing world for the launch of bitcoin futures ETFs.
BITO Craze May Have Settled But Trading Volumes Reflect Continued Interest
The ProShares Bitcoin Strategy ETF (BITO) came catapulting into the ETF space last week, breaking records and setting new precedents as crypto interest was directly reflected in the massive grassroots m...
2nd Bitcoin Futures ETF Launches
BTF is generating less than a fifth of BITO's volume.