ProShares Bitcoin Strategy ETF lacks a true income strategy as 77% yields erode NAV. Performance trails IBIT due to fees. Check out why BITO ETF is a sell.
Bitcoin had meager beginnings when it first appeared in 2009. Fewer understood the technology behind it. However, the cryptocurrency became more noticed over time and began gaining value as more ...
The fund has grown at record speed, already amassing $1.3 billion in assets, with an average daily trading volume of 10.4 million. BITO lets investors gain exposure to Bitcoin without needing to own ...
ProShares Bitcoin ETF is structurally disadvantaged vs. spot Bitcoin ETFs, with persistent underperformance due to futures costs and a high expense ratio. Learn more about BITO ETF here.
Last fall, headlines were dominated by the anticipation for the first SEC approval of a bitcoin futures ETF. The excitement was palpable when the ProShares Bitcoin Strategy ETF (BITO) came to market ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Bitcoin Strategy ETF (Symbol: BITO) where we have detected ...
Investors have been clamoring for a way to invest in Bitcoin (CCC:BTC-USD) via Wall Street for a long while now. This week, that chance will finally become a reality through ProShares’ Bitcoin ETF ...
The first U.S. Bitcoin-linked exchange-traded fund, called ProShares Bitcoin Strategy ETF (ticker: BITO), hit the market in mid-October and has taken it by storm. The fund has grown at record speed, ...