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.
ProShares Bitcoin Strategy ETF lacks a true income strategy as 77% yields erode NAV. Performance trails IBIT due to fees.
BITO has dropped 52% year-to-date while Bitcoin fell only 25% from its November peak due to futures contango costs. The fund’s futures-based structure creates persistent underperformance. Rolling ...
Trading of the ProShares Bitcoin Strategy ETF (BITO) was temporarily halted on Wednesday as investors, panicked by rumors that crypto exchange Binance might back out of a deal to buy rival FTX, ...
One year ago, President Donald Trump was being heralded as the United States’ first crypto president. His deregulatory ...
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Bitcoin Strategy ETF, which added 15,340,000 units, or a 9 ...
These ETFs can help investors allocate to crypto assets in a straightforward manner.