ProShares Bitcoin Strategy ETF (BITO)
NYSEARCA: BITO · IEX Real-Time Price · USD
27.41
-0.29 (-1.05%)
At close: Apr 29, 2024, 4:00 PM
27.48
+0.07 (0.26%)
After-hours: Apr 29, 2024, 6:10 PM EDT
BITO Dividend Information
What is the dividend yield of BITO? ›BITO Dividend Yield: 22.46% for June 3, 2024.
Is BITO dividend sustainable? ›When you buy this fund for dividends, you are basically making an assumption that the price will rise forever, and in reality it may or may not rise. The sustainability of the dividend payments will be in question forever as they will depend on price appreciation of Bitcoin.
Is BITO a good stock to buy? ›ProShares Bitcoin Strategy ETF (BITO) Moving Averages
ProShares Bitcoin Strategy ETF's (BITO) 100-Day exponential moving average is 24.34, making it a Buy.
BITO Dividend: 1.681 for May 1, 2024.
Which ETF has the highest dividend yield? ›| Symbol | Name | Dividend Yield |
|---|---|---|
| TSLY | YieldMax TSLA Option Income Strategy ETF | 55.89% |
| TILL | Teucrium Agricultural Strategy No K-1 ETF | 52.32% |
| KMET | KraneShares Electrification Metals Strategy ETF | 50.15% |
| OARK | YieldMax Innovation Option Income Strategy ETF | 47.86% |
Largest shareholders include Jane Street Group, Llc, Susquehanna International Group, Llp, Susquehanna International Group, Llp, Citadel Advisors Llc, Acorns Advisers, LLC, Citadel Advisors Llc, Weiss Asset Management LP, Marshall Wace, Llp, Simplex Trading, Llc, and Susquehanna International Group, Llp .
What is the future price of BITO? ›The ProShares Bitcoin Strategy ETF price prediction for next week is between $ 275.88 on the lower end and $ 317.31 on the high end. Based on our BITO price prediction chart, the price of ProShares Bitcoin Strategy ETF will increase by 15.02% and reach $ 317.31 by Jun 16, 2024 if it reaches the upper price target.
Is BITO backed by Bitcoin? ›BITO invests in bitcoin futures and does not invest in bitcoin.
How does BITO make money? ›BITO mainly buys Bitcoin futures contracts, but the fund manager can use a small portion of the portfolio to buy other money market instruments such as treasuries and bonds. As an actively managed ETF, BITO generally holds Bitcoin futures contracts in all seasons. That is, whether prices are rising, falling, or flat.
Our BITO ETF price prediction for 2024 suggests a maximum price of $42.25, a minimum price of $35.63, and an average value of $36.74. According to our Proshares Bitcoin Strategy ETF price prediction for 2025, we anticipate a maximum price of $46.47, a minimum price of $39.20, and an average trading price of $40.41.
What are the advantages of BITO? ›Pros. ETF Structure: BITO, being an ETF, offers greater liquidity and is traded on major stock exchanges. This makes it easier to buy and sell during market hours. Lower Fees: Generally, BITO has a lower fee structure than GBTC, which is more cost-effective for investors.
What is the number 1 ETF to buy? ›| Fund (ticker) | YTD performance | 5-year performance |
|---|---|---|
| Vanguard S&P 500 ETF (VOO) | 11.1 percent | 15.5 percent |
| SPDR S&P 500 ETF Trust (SPY) | 11.0 percent | 15.4 percent |
| iShares Core S&P 500 ETF (IVV) | 10.3 percent | 15.3 percent |
| Invesco QQQ Trust (QQQ) | 11.6 percent | 21.8 percent |
BITO has a dividend yield of 21.55% and paid $5.88 per share in the past year. The dividend is paid every month and the last ex-dividend date was May 1, 2024.
Which bitcoin ETF is best? ›| ETF | Expense ratio |
|---|---|
| Grayscale Bitcoin Trust ETF (GBTC) | 1.50% |
| VanEck Ethereum Strategy ETF (EFUT) | 0.66% |
| Global X Blockchain ETF (BKCH) | 0.50% |
| Amplify Transformational Data Sharing ETF (BLOK) | 0.76% |
No, spot Bitcoin ETFs do not pay dividends, as Bitcoins do not generate any income. The investment value of spot Bitcoin ETFs is derived mainly from the appreciation (or depreciation) in the price of Bitcoins.
Is BITO qualified dividend? ›From that standpoint (see ProShares FAQ for more), BITO's "dividend" is a taxable (non-qualified) return of capital.
What is the dividend yield of KBWB ETF? ›KBWB has a dividend yield of 3.14% and paid $1.67 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.
Will bitcoin ETFs pay dividends? ›No, spot Bitcoin ETFs do not pay dividends, as Bitcoins do not generate any income. The investment value of spot Bitcoin ETFs is derived mainly from the appreciation (or depreciation) in the price of Bitcoins.
What is the dividend yield of QQQ? ›QQQ Dividend Information
QQQ has a dividend yield of 0.58% and paid $2.64 per share in the past year.
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