BITO 📈 ProShares Bitcoin Strategy - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347G4405 • Digital Assets

BITO: Bitcoin, Futures, Contracts

The fund adviser seeks to achieve its investment objective primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin and bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. It is non-diversified.

Additional Sources for BITO ETF

BITO ETF Overview

Market Cap in USD 2,697m
Category Digital Assets
TER 0.95%
IPO / Inception 2021-10-18

BITO ETF Ratings

Growth 5y 31.6%
Fundamental -
Dividend 83.8%
Rel. Strength Industry 319
Analysts -
Fair Price Momentum 35.10 USD
Fair Price DCF -

BITO Dividends

Dividend Yield 12m 53.27%
Yield on Cost 5y 68.93%
Annual Growth 5y 104.04%
Payout Consistency 100.0%

BITO Growth Ratios

Growth Correlation 3m 93.9%
Growth Correlation 12m 51.2%
Growth Correlation 5y 44.4%
CAGR 5y 8.41%
CAGR/Mean DD 5y 0.19
Sharpe Ratio 12m 1.50
Alpha 86.09
Beta 0.87
Volatility 62.38%
Current Volume 8575.5k
Average Volume 20d 10378.9k
What is the price of BITO stocks?
As of December 27, 2024, the stock is trading at USD 24.25 with a total of 8,575,481 shares traded.
Over the past week, the price has changed by -1.58%, over one month by +3.61%, over three months by +54.02% and over the past year by +117.56%.
Is ProShares Bitcoin Strategy a good stock to buy?
Neither. Based on ValueRay Analyses, ProShares Bitcoin Strategy is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 31.55 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BITO as of December 2024 is 35.10. This means that BITO is currently undervalued and has a potential upside of +44.74% (Margin of Safety).
Is BITO a buy, sell or hold?
ProShares Bitcoin Strategy has no consensus analysts rating.
What are the forecast for BITO stock price target?
According to ValueRays Forecast Model, BITO ProShares Bitcoin Strategy will be worth about 38.9 in December 2025. The stock is currently trading at 24.25. This means that the stock has a potential upside of +60.29%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 38.9 60.3%