Key stats
About ProShares Bitcoin & Ether Equal Weight ETF
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Inception date
Oct 2, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
BETE provides equal exposure to the two most well-known digital assets, bitcoin and ether. It does so by investing in USD cash-settled, front-month CME bitcoin and ether futures contracts while also considering back-month contracts. Both cryptocurrencies' exposures are split into a 50-50 allocation and will be rebalanced monthly. The fund will roll the contracts each month, as they near expiration. Note that a portion of this investment is through a wholly-owned subsidiary organized under the laws of the Cayman Islands, capped at 25% at each quarter end. Other ETFs, money market instruments and reverse purchase agreements may also be utilized in certain circumstances to maintain the funds desired level of exposure to assets. The bitcoin and ether future contracts are cash settled based upon the CME CF Bitcoin-Dollar Reference Rate and CME CF Ether-Dollar Reference Rate, respectively. Prior to Sept. 27, 2024, the fund name was Proshares Bitcoin & Ether Equal Weighted Strategy ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BETE last dividends amounted to 1.92 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 96.14% increase.
BETE assets under management is 8.61 M USD. It's fallen 0.07% over the last month.
BETE fund flows account for 3.43 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BETE pays dividends to its holders with the dividend yield of 13.20%. The last dividend (Jun 6, 2025) amounted to 1.92 USD. The dividends are paid monthly.
BETE shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Oct 2, 2023, and its management style is Active.
BETE expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
BETE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BETE price has fallen by −3.49% over the last month, and its yearly performance shows a −11.24% decrease. See more dynamics on BETE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.19% over the last month, showed a 24.06% increase in three-month performance and has decreased by −1.09% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.19% over the last month, showed a 24.06% increase in three-month performance and has decreased by −1.09% in a year.
BETE trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.