ProShares Bitcoin ETF (BITO)
ProShares
Spot
About ProShares Bitcoin ETF
ProShares Bitcoin ETF is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.
ProShares Bitcoin ETF Fund Details
Expense Ratio
0.95%
About The Fund
Overview
The ProShares Bitcoin Strategy ETF (BITO) is an actively managed ETF, launched on October 15, 2021, and listed on NYSE Arca, the first U.S. bitcoin-linked ETF.
Investment Strategy
Tracks bitcoin price movements through cash-settled, front-month bitcoin futures contracts traded on the CME, not directly holding bitcoin.
Expense Ratio
Charges a management fee of 0.95%, reflecting operational costs, which is higher than some spot bitcoin ETFs like BITB.
Holdings and Custody
Invests in bitcoin futures via a Cayman Islands subsidiary, with custody and administration handled by regulated entities, ensuring compliance with U.S. regulations.
Risk Profile
High volatility due to bitcoin futures market dynamics; not suitable for all investors, with potential for significant or complete loss of investment.
Performance
As of July 21, 2025, BITO trades at approximately $22.85, with a 1-year return of 23.49% and a 52-week range of $16.02 to $28.44
ProShares Bitcoin ETF Information
| Ticker Symbol | BITO |
| Issuer | ProShares |
| Expense Ratio | 0.95% |
| Fund Type | Spot |
| Custodian | JPMorgan Chase Bank N.A. |
| Bitcoin Only | ✓ Yes |
| Fund Inception | 2021-10-18 |
| Regulator | U.S. Securities and Exchange Commission (SEC) |
Investment Strategy
Bitcoin Futures
Market Performance
YTD Return
-15.96%
1 Year Return
-52.90%
Avg Volume
116,532,976
About ProShares
ProShares offers the first U.S. Bitcoin futures ETF (BITO), leveraged (BITU), inverse (BITI), Ether, Solana, and XRP futures ETFs, plus short and ultra products.
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