(BETE) ProShares Trust - Ratings and Ratios

The ProShares Trust (BETE) is a U.S.-based exchange-traded fund (ETF) listed on the NYSE ARCA, focusing on digital assets. Its primary objective is to provide exposure to Bitcoin and Ether through futures contracts, aligning with the performance of these digital assets. Typically, the fund allocates at least 80% of its assets to Bitcoin or Ether futures or related instruments, ensuring a direct correlation with the cryptocurrencies market movements.

Over the next three months, BETE is expected to face headwinds due to its current technical setup. The SMA 20 at 62.19 is below the SMA 50 at 70.29, indicating a bearish trend. The ATR of 2.87 signals moderate volatility, suggesting continued price fluctuations. With an average volume of 1250 shares over 20 days, liquidity remains low, which could amplify price movements. Fundamentally, the AUM of $7.10M reflects a small fund size, making it susceptible to market sentiment shifts. While this may pose risks, it also offers potential for upside if Bitcoin and Ether rebound, driven by improving market sentiment or positive regulatory developments.