BITO
Bitcoin Strategy ETF
Why Invest in BITO?
- BITO provides a familiar way to gain exposure to bitcoin-linked returns with the liquidity and transparency of an ETF.
- BITO can be bought and sold through a brokerage account, eliminating the need for a cryptocurrency exchange account or wallet.
- BITO is the world's largest and most actively traded cryptocurrency ETF*
- The fund may be used as:
- A diversifier to traditional assets
- An alternative to conventional currency investments
- An alternative way to seek capital appreciation
Why Invest in BITO?
- BITO provides a familiar way to gain exposure to bitcoin-linked returns with the liquidity and transparency of an ETF.
- BITO can be bought and sold through a brokerage account, eliminating the need for a cryptocurrency exchange account or wallet.
- BITO is the world's largest and most actively traded cryptocurrency ETF*
- The fund may be used as:
- A diversifier to traditional assets
- An alternative to conventional currency investments
- An alternative way to seek capital appreciation
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| BITO Market Price | 2.12% | 24.40% | 44.78% | 74.49% | -23.66% | -- | -- | -- | -40.20% | 10/18/2021 |
| BITO NAV | 2.09% | 24.37% | 44.75% | 74.25% | -23.76% | -- | -- | -- | -40.23% | 10/18/2021 |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| BITO Market Price | 22.09% | 70.86% | 48.63% | 70.86% | -37.60% | -- | -- | -- | -42.76% | 10/18/2021 |
| BITO NAV | 21.95% | 70.69% | 48.64% | 70.69% | -37.68% | -- | -- | -- | -42.77% | 10/18/2021 |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker BITO
- Intraday Ticker BITO.IV
- CUSIP 74347G440
- Inception Date 10/18/21
- Unitary Expense Ratio 0.95%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Monthly
Price
as of 5/26/2023- NAV $15.44
- NAV Change $+0.20
- Market Price $15.44
- Market Price Change $+0.20
- Trading Volume (M) 6,560,098
- 30-Day Median Bid Ask Spread 0.06%
- View Premium / Discount
Snapshot
- Ticker BITO
- Intraday Ticker BITO.IV
- CUSIP 74347G440
- Inception Date 10/18/21
- Unitary Expense Ratio 0.95%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Monthly
Price
as of 5/26/2023- NAV $15.44
- NAV Change $+0.20
- Market Price $15.44
- Market Price Change $+0.20
- Trading Volume (M) 6,560,098
- 30-Day Median Bid Ask Spread 0.06%
- View Premium / Discount
Holdings
as of 5/26/2023
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 66.06% | -- | CME BITCOIN FUT NON-EQUITY INDEX 30/JUN/2023 BTCM3 CURNCY | 587,419,875 | -- | 4,365 | -- |
| 33.93% | -- | CME BITCOIN FUT NON-EQUITY INDEX 28/JUL/2023 BTCN3 CURNCY | 301,702,825 | -- | 2,227 | -- |
| -- | -- | TREASURY BILL | -- | $494,421,995.00 | 500,000,000 | BMXHQL4 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $394,833,864.00 | 394,833,864 | -- |
Index
About the Index
This ETF is actively managed.
Distributions
For
- 2023
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
For more information on dividend distributions for this fund please see our frequently asked questions.
*Source: Bloomberg. List of Cryptocurrency funds within global Exchange. Traded Fund universe which includes various exchange traded products including exchange traded funds (ETFs). exchange traded notes (ETNs). and exchange traded commodities funds (ETCs). Based on assets as of 12/31/22 in USD $mm and average daily dollar volume since BITO's inception. 10/18/21. BITO invests in bitcoin futures and does not invest directly in bitcoin.