ProShares Bitcoin Strategy ETF
Price through Oct 2 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 3. Holdings snapshot retrieved Oct 3.
The fund adviser seeks to provide capital appreciation 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 or bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. In order to maintain exposure to bitcoin futures contracts, it must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. It is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN
Recent fund-flow records are unavailable, while the price has returned -7.2% so far this year. At 0.95% a year it is not the cheapest way in — KEUA has a reported fee of 0.79%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +0.1% |
| 1 month | +2.5% |
| 3 months | +35.3% |
| 6 months | +20.5% |
| YTD | -7.2% |
| 1 year | -44.4% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat BITO on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | -83bp on fee · 37× the assets | Head-to-head |
| BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF | 0.60% | $7727.65T | — | -35bp on fee · 4409828× the assets | Head-to-head |
| EWN iShares MSCI Netherlands ETF | 0.50% | $659M | −$52M | -45bp on fee | Head-to-head |
| ARKF ARK Blockchain & Fintech Innovation ETF | 0.75% | $860M | — | -20bp on fee | Head-to-head |
| SETH ProShares Short Ether ETF | 0.95% | $9785.78T | −$680 | 5584311× the assets | Head-to-head |