PLEASE NOTE:  The Fund does not invest directly in physical bitcoin.  The Fund seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts and should be expected to perform differently from a spot price of bitcoin.  The performance of the underlying futures contracts are expected to be highly correlated to a spot price of bitcoin.  Please read the prospectus carefully before investing.

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  • BITO

    Bitcoin Strategy ETF

    ProShares Bitcoin Strategy ETF (BITO) is the first U.S. ETF designed to provide investors an easy way to add bitcoin-linked exposure to portfolios.

Bitcoin-Linked

Gain exposure to bitcoin-linked returns

Offering investors a familiar way to gain exposure — from the first and largest provider of U.S. bitcoin-linked ETFs* — in a convenient, liquid and transparent ETF format.

The First U.S. Bitcoin-Linked ETF

ProShares Bitcoin Strategy ETF offers investors a convenient way to incorporate a rapidly growing digital asset into their portfolios.

One stop

Avoid managing separate exchange accounts or wallets.

All day

Familiar trading and pricing practices that let you trade shares while U.S. markets are open.

Regulated

Underlying futures contracts are backed by a centralized clearing house.

Our Fund ProShares Bitcoin Strategy ETF (BITO)

Diversifier to traditional portfolios

Alternative to traditional currency investments

Seek capital appreciation

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View BITO Fund Details

ProShares Bitcoin Strategy ETF (BITO) is the first bitcoin-linked ETF in the U.S. designed to provide investors an easy way to add bitcoin exposure to their portfolios. Learn more about the fund, how it works and how investors can purchase BITO through their brokerage accounts.

BITO Fund Details

Digital Assets Research & Insights

BITO: One-Year Update

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*Morningstar; based on assets under management as of 9/30/22

The performance quoted represents past performance and does not guarantee future results.

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, changes in the supply of and demand for bitcoin and bitcoin futures contracts, and other factors.

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.

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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