BITO

Bitcoin Strategy ETF

Important Considerations

  • The fund does not invest directly in bitcoin.

  • The price and performance of bitcoin futures should be expected to differ from the current “spot” price of bitcoin.

Important Considerations

  • The fund does not invest directly in bitcoin.

  • The price and performance of bitcoin futures should be expected to differ from the current “spot” price of bitcoin.

Performance

Growth of $10,000

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 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
BITO NAV -9.21% -- -- -8.41% -- -- -- -- -8.41% 10/18/2021
BITO Market Price -9.41% -- -- -8.53% -- -- -- -- -8.53% 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 Quarterly
Price
as of 1/14/2022
  • NAV $27.18
  • NAV Change +$0.28 up caret
  • Market Price $27.17
  • Market Price Change +$0.21 up caret
  • Trading Volume (M) 7,125,564
  • 30-Day Median Bid Ask Spread 0.04%
  • 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 Quarterly
Price
as of 1/14/2022
  • NAV $27.18
  • NAV Change +$0.28 up caret
  • Market Price $27.17
  • Market Price Change +$0.21 up caret
  • Trading Volume (M) 7,125,564
  • 30-Day Median Bid Ask Spread 0.04%
  • View Premium / Discount

Holdings

as of 1/14/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
44.35% -- NET OTHER ASSETS / CASH -- $1,050,484,789.51 1,050,484,790
42.20% -- TREASURY BILL -- $999,378,190.00 1,000,000,000
12.65% -- TREASURY BILL -- $299,583,312.00 300,000,000
0.80% -- TREASURY BILL -- $18,999,833.75 19,000,000
-- -- CME BITCOIN FUTURES 01/28/2021(BTCF2) 822,945,200 -- 3,817
-- -- CME BITCOIN FUTURES 02/25/22(BTCG2) 227,036,250 -- 1,050

IMPORTANT NOTE:  "NET OTHER ASSETS / CASH" above includes "TREASURY BILLS"

Index

About the Index

This ETF is actively managed.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

Since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.

There is no guarantee this ProShares ETF will achieve its investment objective. This ETF may not be suitable for all investors.

Investing involves risk, including the possible loss of principal. 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, including significant price volatility and lack of liquidity. The value of an investment in the ETF could decline significantly and without warning, including to zero. You should be prepared to lose your entire investment.

This ETF is actively managed and invests in bitcoin futures contracts. The ETF does not invest directly in or hold bitcoin. The price and performance of bitcoin futures should be expected to differ from the current “spot” price of bitcoin. These differences could be significant. Bitcoin futures are subject to margin requirements, collateral requirements and other limits that may prevent the ETF from achieving its objective. Margin requirements for futures and costs associated with rolling (buying and selling) futures may have a negative impact on the fund's performance and its ability to achieve its investment objective.

Bitcoin is largely unregulated and bitcoin investments may be more susceptible to fraud and manipulation than more regulated investments. Bitcoin and bitcoin futures are subject to rapid price swings, including as a result of actions and statements by influencers and the media.

This ETF is non-diversified and concentrates its investments. Non-diversified and narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in the ETF’s summary and full prospectuses. Read them carefully before investing.

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.

“Spot*” price refers to the price of bitcoin that can be purchased immediately.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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