BITO 26.69 Stock Price ProShares Bitcoin Strategy ETF

Stock List / ProShares Bitcoin Strategy ETF

Range:	16.11-33.79	Vol Avg:	10561646	Last Div:	12.2	Changes:	0.26
Beta:	1.8	Cap:	2.11B	Currency:	USD	Exchange:	AMEX
Sector:	Financial Services			IPO:	Wed Oct 20 2021	Empoloyees:
CUSIP:	74347G440	CIK:		ISIN:	US74347G4405	Country:	US

The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin or bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. In order to maintain exposure to bitcoin futures contracts, it must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. It is non-diversified.

Stock Details

Neutral -0.09

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 ...

seekingalpha.com·Thu Nov 21 2024

Positive 0.17

BITO: The Election Has Improved Bitcoin Miners' Fundamentals

ProShares Bitcoin Strategy ETF (BITO) has gained 36% since early October, driven mostly by...

seekingalpha.com·Thu Nov 14 2024

Positive 0.48

The Big 3: BITO, TLT, GS

Today's Big 3 dives into the technical trends of finances. @Theotrade's Don Kaufman discus...

youtube.com·Wed Nov 13 2024

Neutral 0.02

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 tr...

seekingalpha.com·Wed Nov 13 2024

Positive 0.11

Chart Of The Day: Tracking The Trump Trades

Consensus thinking is that a Trump win would be positive for gold, Bitcoin, the dollar, an...

seekingalpha.com·Mon Nov 04 2024

Negative -0.15

The Big 3: RH, BITO, TSLA

Tesla (TSLA) reports earnings after the closing bell, and @Theotrade's Don Kaufman joins R...

youtube.com·Wed Oct 23 2024

Positive 0.31

A Look At My 10 ETF Holdings

My investment strategy focuses on generating income from dividends and distributions, supp...

seekingalpha.com·Mon Oct 07 2024

Positive 0.18

BITO: Downtrend May Finally Be Ending

BITO offers exposure to Bitcoin through futures contracts, providing ease of access and si...

seekingalpha.com·Sun Oct 06 2024

Positive 0.17

BITO: Rate Cuts Are Beneficial, Plus High Income (Rating Upgrade)

ProShares Bitcoin Strategy ETF has faced about a 13% loss since July, but rate cuts and Ch...

seekingalpha.com·Thu Oct 03 2024

Positive 0.23

Bitcoin breaks above $65k, stocks and gold record fresh ATHs as easy money policies juice markets

Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in...

kitco.com·Thu Sep 26 2024

The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.