Crypto-Linked
Fund Highlight

BITO

Bitcoin Strategy ETF

 

An ETF for Seeking
Bitcoin Returns

BITO invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns.

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World's Largest Bitcoin-linked ETF

Since launch, BITO has closely tracked the performance of spot bitcoin — with the benefits of an ETF.

Accessible

Buy and sell with a ticker

Familiar

No need for a crypto account or wallet

Regulated

Fund and its holdings trade on regulated exchanges

Custodied

Fund assets custodied by JPMorgan

“

Navigating the ups and downs of today's crypto market has only reinforced the benefits of obtaining exposure through a convenient, liquid, and transparent ETF.

Michael L. Sapir, ProShares CEO

ProShares — the global leader in crypto-linked ETFs

BITO can help strengthen your portfolio by providing an opportunity to:
1

Generate growth

2

Diversify investments

3

Hedge against inflation

Research & Insights

View Featured Fund

NYSE Explores ProShares’ Groundbreaking Crypto-Linked ETF Lineup

Watch ProShares’ Simeon Hyman talk about ProShares’ new lineup of crypto-linked ETFs–EETH, BETH, and BETE.
Read More
ETF Trends features BITO in Q&A with Simeon Hyman

ProShares’ Simeon Hyman joins ETF Trends’ Lara Crigger to discuss the ProShares Bitcoin ETF (BITO), dispel any myths or misconceptions about the bitcoin futures market, and provide an update on the fund.

Read the article
BITO: One-Year Update

BITO, the first bitcoin-linked ETF in the United States, has demonstrated its ability to closely track spot bitcoin, despite an extremely volatile period for stocks, bonds, and digital assets during its first year since inception.

Read the article
What’s Happening in Bitcoin Futures: Shrinking Roll Costs Demonstrate Maturing Market

The market for bitcoin futures has matured over the past 4+ years, and one sign of this may be seen in the modest and downtrending futures premiums, year-to-date.

Read the article

Bitcoin Strategy ETF (BITO) is the first and largest U.S. bitcoin-linked ETF according to Bloomberg and based on assets under management as of 9/30/23.

Investing involves risk, including the possible loss of principal. There is no guarantee any ProShares ETF will achieve its investment objective.

This ETF invests in bitcoin futures contracts and does not invest directly in bitcoin. Bitcoin and bitcoin futures are a relatively new asset class, and the market for bitcoin is subject to rapid changes and uncertainty. Bitcoin and bitcoin futures are subject to unique and substantial risks, such as rapid price swings and lack of liquidity, including as a result of changes in the supply of and demand for bitcoin and bitcoin futures contracts. Bitcoin is largely unregulated and may be more susceptible to fraud and manipulation than more regulated investments. The value of an investment in the ETF could decline significantly and without warning, including to zero.

This ETF is actively managed. The costs associated with rolling (buying and selling) futures and the impact of margin requirements, collateral requirements and other limits may have a negative impact on performance and prevent the Fund from achieving its objective. The price and performance of bitcoin futures should be expected to differ from the current ‘‘spot’’ prices of bitcoin (the prices of bitcoin that can be purchased immediately). These differences could be significant.

This ETF is non-diversified and is subject to risks associated with the use of futures contracts, leverage, and market price variance, all of which can increase volatility and decrease performance. Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges, and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Obtain them from your financial professional or visit ProShares.com.

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ProShares are distributed by SEI Investments Distribution Co. ("SIDCO"), which is not affiliated with the funds' advisor or sponsor. SIDCO is located at 1 Freedom Valley Drive, Oaks, PA 19456.

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