Key stats
About ProShares Bitcoin ETF
Home page
Inception date
Oct 19, 2021
Structure
Open-Ended Fund
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.
BITO provides exposure to bitcoin returns in an ETF wrapper. The fund does not invest directly in bitcoin. The fund will invest in cash settled, front-month bitcoin futures, traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC), such as the CME Futures Exchange. The value of bitcoin futures is determined by the CME Group and Crypto Facilities Bitcoin Reference Rate (CME CF BRR), which aggregates bitcoin trading activity across major global bitcoin spot trading venues during a one-hour window. The one-hour window is divided equally into twelve 5-minute segments. Each segment has a volume-weighted median (VWM). The BRR value is expressed as the arithmetic mean of the 12 VWMs. Prices are usually determined at 4:00 p.m. (London Time). The fund itself gains exposure through a wholly owned Cayman Island subsidiary. Before September 27, 2024, the fund was named ProShares Bitcoin Strategy ETF.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
100.00%
Top 10 weight100.00%
1 total holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BITO last dividends amounted to 0.54 USD. The month before, the issuer paid 0.36 USD in dividends, which shows a 33.73% increase.
BITO assets under management is 2.58 B USD. It's risen 14.04% over the last month.
BITO fund flows account for 560.05 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, BITO pays dividends to its holders with the dividend yield of 55.39%. The last dividend (May 7, 2025) amounted to 0.54 USD. The dividends are paid monthly.
BITO shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Oct 19, 2021, and its management style is Active.
BITO expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
BITO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BITO invests in cash.
BITO price has risen by 11.82% over the last month, and its yearly performance shows a −18.57% decrease. See more dynamics on BITO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 8.75% increase in three-month performance and has increased by 44.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 8.75% increase in three-month performance and has increased by 44.59% in a year.
BITO trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.