ProShares Ultra Bitcoin ETF (BITU)
| Assets | $1.09B |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 22.72M |
| Dividend (ttm) | $2.05 |
| Dividend Yield | 4.08% |
| Ex-Dividend Date | Mar 3, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | +74.66% |
| Volume | 494,639 |
| Open | 50.23 |
| Previous Close | 48.40 |
| Day's Range | 49.91 - 50.44 |
| 52-Week Low | 16.30 |
| 52-Week High | 68.43 |
| Beta | n/a |
| Holdings | 8 |
| Inception Date | Apr 2, 2024 |
About BITU
Fund Home PageThe ProShares Ultra Bitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 3, 2025 | $0.79139 | Mar 7, 2025 |
| Feb 3, 2025 | $1.21384 | Feb 7, 2025 |
| Dec 23, 2024 | $0.00453 | Dec 31, 2024 |
| Aug 1, 2024 | $0.00824 | Aug 8, 2024 |
| Jul 1, 2024 | $0.01527 | Jul 9, 2024 |
| Jun 3, 2024 | $0.01832 | Jun 10, 2024 |
News
Playing The Bitcoin Breakout With BITU
Bitcoin's chart shows a constructive trend, with animal spirits returning, suggesting a potential rally above $100k per coin. Bitcoin's correlation with tech stocks has increased since spot ETFs were ...
BITU: Knocking On The Door
BITU's long-term decay and daily rebalancing make it unsuitable for long-term holding; best used in sustained BTC uptrends. BTC's technical indicators show potential bullish signs if it can maintain a...
BITU May Be Too Risky At 2x Leverage
ProShares Ultra Bitcoin ETF is a 2x leveraged BTC strategy for day traders seeking amplified returns. This product may not be suitable for long-term investors. BITU uses swap agreements and cash-settl...
ProShares Launches First ETF to Target 2x Daily Bitcoin Returns
BETHESDA, Md.--(BUSINESS WIRE)--ProShares is launching BITU, the first ETF to target 2x daily bitcoin returns, and SBIT, the first ETF to target -2x daily bitcoin returns.