ProShares Bitcoin ETF logo

ProShares Bitcoin ETF (BITO)

Market Closed
5 Dec, 20:00
ARCA ARCA
$
13. 21
-0.46
-3.37%
$
2.24B Market Cap
5.79% Div Yield
38,252,364 Volume
$ 13.67
Previous Close
Day Range
13.03 13.52
Year Range
12.39 27.88
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BITO: Tax Free Strategy For This 57% Yielder

BITO: Tax Free Strategy For This 57% Yielder

Bitcoin's price is expected to peak around October 2025, driven by the latest halving event in April 2024, continuing its bull market trend. ProShares Bitcoin ETF offers a strategic way to speculate on Bitcoin, aiming to benefit from Bitcoin's price through an actively managed approach. BITO's attractive 57% estimated annual yield from monthly distributions enhances its appeal.

Seekingalpha | 10 months ago
ETFs in Focus as Bitcoin Tops $105K Ahead of Trump's Inauguration

ETFs in Focus as Bitcoin Tops $105K Ahead of Trump's Inauguration

Bitcoin prices surge again ahead of Trump's inauguration day.

Zacks | 10 months ago
BITO: On-Chain Signals And Seasonality Say Bitcoin's Rally Isn't Over

BITO: On-Chain Signals And Seasonality Say Bitcoin's Rally Isn't Over

BITO: On-Chain Signals And Seasonality Say Bitcoin's Rally Isn't Over

Seekingalpha | 10 months ago
Uranium ETFs: A Commodity to Watch in 2025

Uranium ETFs: A Commodity to Watch in 2025

A few years ago, a relatively under-the-radar commodity — uranium — came into the spotlight. Compared to many other commodities, uranium is in its early stages in the ETF world.

Etftrends | 10 months ago
BITO: This Fund Has Outlived Its Usefulness

BITO: This Fund Has Outlived Its Usefulness

Bitcoin's post-election rally is consolidating, with positive drivers still present and potential for further gains as Trump's crypto-friendly administration forms. The ProShares Bitcoin Strategy ETF is outdated and underperforming due to its reliance on futures contracts. New Bitcoin ETFs launched in 2024 offer superior returns and lower expenses, making them preferable for buy-and-hold investors.

Seekingalpha | 10 months ago
BITO: This ETF Presents A Compelling Risk/Reward Balance

BITO: This ETF Presents A Compelling Risk/Reward Balance

Bitcoin Strategy ETF offers exposure to Bitcoin with reduced volatility by tracking CME listed futures, avoiding direct custody and regulation risks. The ETF provides a substantial 50.88% yield, combining growth potential with stability through significant cash reserves in Treasury bills. Since its October 2021 launch, the ETF has grown assets under management to over $2.6 billion, a 120% increase in the past year.

Seekingalpha | 11 months ago
Bitcoin's 2025 Potential - What It Means For BITO Investors

Bitcoin's 2025 Potential - What It Means For BITO Investors

Prefer holding Bitcoin directly or via competitors' ETFs over ProShares Bitcoin ETF due to lower fees and better tracking of Bitcoin prices. Bullish on Bitcoin with a price target of $125k by March, driven by strong ETF inflows, low exchange reserves, and potential regulatory support. Mt. Gox repayments and MicroStrategy's aggressive buying strategy are unlikely to disrupt the current bullish trend significantly.

Seekingalpha | 11 months ago
This Bitcoin ETF Yields 52% On Top Of Big Gains

This Bitcoin ETF Yields 52% On Top Of Big Gains

The S&P 500's return this year looks impressive — until you look at bitcoin's 145% gain above $100,000. And investors turn to bitcoin ETFs.

Investors | 0 year ago
Georgia Broker-Dealer Learns Costly Lesson From FINRA On ETNs Vs. ETFs: A Discussion On ETF Construction And Effects On Risk And Taxes

Georgia Broker-Dealer Learns Costly Lesson From FINRA On ETNs Vs. ETFs: A Discussion On ETF Construction And Effects On Risk And Taxes

A Georgia-based brokerage has settled allegations that it and its president developed and sold a trading strategy that they did not understand and that caused near-total losses for 350 clients. The product in question was the Daily Inverse VIX Short-Term Exchange-Traded Note (XIV). Exchange-Traded Notes (ETNs) are essentially structured products that are issued as senior debt notes and trade as stocks. They have credit risk linked to the issuer which may or may not be the note's sponsor. Just because something is popularly called an ETF does not mean it is structured as an ETF. With leveraged ETFs and ETNs that use futures and complex structured notes, knowing exactly what is being traded is essential.

Seekingalpha | 1 year ago
BITO: The Election Has Improved Bitcoin Miners' Fundamentals

BITO: The Election Has Improved Bitcoin Miners' Fundamentals

ProShares Bitcoin Strategy ETF (BITO) has gained 36% since early October, driven mostly by the election, while lower interest rates have also benefited miners and stabilized Bitcoin prices. Post-April halving, miners face profitability challenges, leading to hardware upgrades and strategic Bitcoin sales to maintain operations and cover costs. These costs and digital asset prices trading lower than break-even costs has prompted miners to sell more of their holdings to ensure liquidity.

Seekingalpha | 1 year ago
The Big 3: BITO, TLT, GS

The Big 3: BITO, TLT, GS

Today's Big 3 dives into the technical trends of finances. @Theotrade's Don Kaufman discusses the bearish and bullish positions on the ProShares Bitcoin ETF (BITO), the iShares 20+ Year Treasury Bond ETF (TLT), and Goldman Sachs (GS).

Youtube | 1 year ago
BITO: Useful For Bitcoin Options, Better Alternatives Exist For Spot

BITO: Useful For Bitcoin Options, Better Alternatives Exist For Spot

Bitcoin's current bull run is driven by momentum, making it a high beta investment, but traditional valuation methods are challenging. BITO ETF tracks bitcoin via CME futures, but its structure leads to high dividends and lagging performance compared to spot bitcoin ETFs like IBIT. BITO's high monthly dividend impacts price performance, making it better suited for short-term options rather than long-term LEAPs.

Seekingalpha | 1 year ago
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