BITO

ProShares Bitcoin Strategy ETF

ProShares Bitcoin Strategy ETF seeks capital appreciation seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts.

Exposure

DERIVATIVES

Active

MANAGEMENT STYLE

2.8 B

ASSETS UNDER MGMT

95 bp

EXPENSES
Fund Basics
Fund sponsorProShares
CategoryExposure
Asset classDerivatives
Websitelink...
Inception dateOct 18, 2021
Assets (mns)$2,698
Expense ratio95 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -5.6% -4.4% 12.6% 22.8% -- -- -- -16.5%
Dividend Yield 0.0% 34.8% 40.7% 33.0% -- -- -- 17.8%
Total Returns -5.6% 30.4% 53.2% 55.8% -- -- -- 1.2%
Ann. Volatility 45.6% 55.9% 53.1% 55.8% -- -- -- 58.3%
Market Correlations
versus...BetaR-squared
S&P 5001.6622%
MSCI EAFE0.917%
MSCI Emg Mkts0.281%
Liquidity Measures
Avg. volume (000)5,713
ADV traded (mns)$128
Turnover4.6%
Avg. Bid/Ask (% of price)0.06%
Technical Indicators
Recent close$22.39
30d moving avg.$21.31
Annualized volatility56.5%
Relative strength (RSI)57
Short interest9.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Active
Exposure Derivatives ETFs
# of ETFs 10
Avg. Expense Ratio 134.3 bp
Std. Deviation 111.4 bp
BITO (95 bp) Percentile rank 43
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
BITO 95.0 6.2 101.2
Peer Avg. 110.3 55.2 165.5
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .