Quick Read BITO has dropped 52% year-to-date while Bitcoin fell only 25% from its November peak due to futures contango costs ...

BTCI and BITO are two specialized Bitcoin ETFs designed to generate high yields for distribution. See an expert analysis on ...

This article was originally published on ETFTrends.com. Last fall, headlines were dominated by the anticipation for the first SEC approval of a bitcoin futures ETF. The excitement was palpable when ...

The ProShares Bitcoin ETF offers an artificial, variable yield by investing in Bitcoin futures and swaps, not direct BTC exposure. BITO's yield is unpredictable, subject to hefty fees, and creates ...

The launch of the first bitcoin-tracking exchange-traded fund generated lots of hype. On its first day, it appeared to live up to the hoopla. ProShares Bitcoin Strategy ETF BITO saw near-record ...

ProShares bitcoin-linked ETF hit $1 billion in assets under management in just two days, a record for the ETF industry. Gold ETF GLD held the previous record, having crossed the $1 billion mark in ...

ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are ...

BITO has dropped 52% year-to-date while Bitcoin fell only 25% from its November peak due to futures contango costs. The fund’s futures-based structure creates persistent underperformance. Rolling ...