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About ProShares

ProShares is a leading provider of leveraged, inverse, and alternative ETFs with over $70 billion in assets. ProShares launched the Bitcoin Strategy ETF (BITO) in October 2021 — the first US Bitcoin-linked ETF — which uses Bitcoin futures contracts. The firm also offers leveraged (BITU, 2x) and inverse (BITI, SBIT) Bitcoin ETFs for traders seeking amplified or hedged exposure to Bitcoin price movements.

Last updated: June 12, 2026

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