BITO
ProShares Bitcoin Strategy ETF · ProShares
Tech & Innovation
1Y Return
-45.3%
Expense Ratio
0.95%
AUM
$1.41B
Dividend Yield
46.76%
Avg Annual Growth (Since Inception)
+67.6%
Issuer
ProShares

Overview

First US Bitcoin ETF launched in 2021. Uses Bitcoin futures contracts for exposure. Accessible crypto allocation within any traditional brokerage account.

Top Holdings

TickerHoldingWeight
BTC FUTURESBitcoin CME Futures Front Month~85%
BTC FUTURES 2Bitcoin CME Futures 2nd Month~15%

Fund Details

Exposure
Bitcoin Futures
Instrument
Open-End Fund
Inception
Oct 2021
Exchange
NYSE Arca
Roll Cost
Monthly Futures Roll
Distribution
None
Avg Annual Growth (Since Inception)
+67.6%
Avg Annual Yield (Since Inception)
0.00%

Investment Thesis

BITO was the first regulated Bitcoin ETF in the US, giving investors access to Bitcoin price movements within a standard brokerage wrapper. While spot Bitcoin ETFs have since launched at lower cost, BITO remains useful for investors in accounts where spot crypto ETFs are unavailable, particularly certain retirement accounts and wrap programs.

Who It's For

Investors who want Bitcoin exposure through a traditional brokerage or retirement account where spot Bitcoin ETFs like IBIT are unavailable or restricted. Also useful for short-term tactical Bitcoin positioning. Long-term investors should prefer spot Bitcoin ETFs due to lower roll costs from futures contracts.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022$10.42--
2023$10.82+3.8%
2024$27.18+151.2%
2025$40.18+47.8%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
2020--
2021--
20220.00%
20230.00%
20240.00%
20250.00%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022$0.6B--
2023$1.2B+100.0%
2024$1.8B+50.0%
2025$2.6B+44.4%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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