ProShares Bitcoin Strategy ETF (BITO) aims to produce returns that correspond to bitcoin. BITO invests in bitcoin futures and does not invest in Bitcoin. There is no guarantee the fund will closely track Bitcoin returns.
BITO ETF Review
- First U.S. bitcoin-linked ETF
- Potential for capital returns
- Diversify investment portfolios
- Potential hedge against inflation
| Manager | ProShares |
| Ticker | BITO |
| Risk | N/A |
| Inception | 2021-10-18 |
| MER | 0.95% |
| AUM | $1,700,000,000 |
| Holdings | 5 |
| Beta | N/A |
| P/E | N/A |
| Dividend | 1.144804 |
| Yield | 12.18% |
| Distributions | Monthly |
BITO Performance
Quickly compare BITO to other investments focused on Bitcoin by fees, performance, yield, and other metrics to decide which ETF fits in your portfolio.
| Manager | ETF | Inception | MER | AUM | Holdings | Beta | P/E | Yield | Distributions | 1Y | 3Y | 5Y | 10Y | 15Y |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 | ARKB | 2024-01-10 | 0.21% | $2,675,000,000 | 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
 | IBIT | 2024-01-05 | 0.25% | $18,505,999,118 | 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
 | GBTC | 2013-09-25 | 1.50% | $22,140,933,066 | 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
 | BITI | 2022-06-21 | 0.95% | $58,490,000 | 2 | N/A | N/A | 6.13% | Monthly | -62.34% | N/A | N/A | N/A | N/A |
| BITO | 2021-10-18 | 0.95% | $1,700,000,000 | 5 | N/A | N/A | 12.18% | Monthly | 128.35% | N/A | N/A | N/A | N/A |
 | BTF | 2021-10-21 | 1.24% | $55,686,456 | 5 | N/A | N/A | 10.52% | Quarterly | 121.48% | N/A | N/A | N/A | N/A |
The Next Bitcoin Halving
With the approaching bitcoin halving in April 2024, investors are closely watching for possible significant shifts in the market. Anticipated to reduce mining rewards from 6.25 to 3.125 bitcoins, this event is historically linked to noteworthy price swings and heightened investor attention. Here’s all the essential information as we near this pivotal moment. Halvings occur roughly once every four years and are projected to persist until 2140. By then, it’s estimated that the total supply of bitcoin in circulation will reach its maximum. Halvings bring us closer to the maximum supply limit of Bitcoin, which is capped at 21 million.
