ProShares Ultra Bitcoin ETF (BITU)

NYSEARCA: BITU · Real-Time Price · USD
50.86
+0.19 (0.38%)
Nov 19, 2024, 10:25 AM EST - Market open
0.38%
Assets $976.48M
Expense Ratio 0.95%
PE Ratio n/a
Shares Out 21.01M
Dividend (ttm) $0.06
Dividend Yield 0.11%
Ex-Dividend Date Aug 1, 2024
Payout Ratio n/a
1-Year Return n/a
Volume 1,224,458
Open 50.67
Previous Close 50.67
Day's Range 50.17 - 51.50
52-Week Low 16.30
52-Week High 52.96
Beta n/a
Holdings 5
Inception Date Apr 2, 2024

About BITU

Fund Home Page

The ProShares Ultra Bitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.

Asset Class Currency
Category Digital Assets
Stock Exchange NYSEARCA
Ticker Symbol BITU
ETF Provider ProShares
Index Tracked Bloomberg Bitcoin Index

Dividends

Ex-Dividend Amount Pay Date
Aug 1, 2024 $0.008 Aug 8, 2024
Jul 1, 2024 $0.015 Jul 9, 2024
Jun 3, 2024 $0.018 Jun 10, 2024
May 1, 2024 $0.015 May 8, 2024
Full Dividend History

News

BITU: Knocking On The Door

BITU's long-term decay and daily rebalancing make it unsuitable for long-term holding; best used in sustained BTC uptrends. BTC's technical indicators show potential bullish signs if it can maintain a...

7 weeks ago - Seeking Alpha

BITU May Be Too Risky At 2x Leverage

ProShares Ultra Bitcoin ETF is a 2x leveraged BTC strategy for day traders seeking amplified returns. This product may not be suitable for long-term investors. BITU uses swap agreements and cash-settl...

4 months ago - Seeking Alpha

ProShares Launches First ETF to Target 2x Daily Bitcoin Returns

BETHESDA, Md.--(BUSINESS WIRE)--ProShares is launching BITU, the first ETF to target 2x daily bitcoin returns, and SBIT, the first ETF to target -2x daily bitcoin returns.

Other symbols: SBIT
8 months ago - Business Wire