NYSEARCA:BITU

ProShares Ultra Bitcoin ETF (BITU) Price, Holdings, & News

$32.15
+2.59 (+8.76%)
(As of 10:10 AM ET)
Today's Range
$31.88
$32.60
50-Day Range
N/A
52-Week Range
$25.20
$42.47
Volume
280,565 shs
Average Volume
678,057 shs
Market Capitalization
$154.64 million
Assets Under Management
$145.51 million
Dividend Yield
N/A
Net Expense Ratio
0.95%

About ProShares Ultra Bitcoin ETF

The ProShares UltraBitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.

BITU Stock Price History

BITU ETF News Headlines

New ETFs Target Double the Daily Return of Bitcoin
See More Headlines
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Fund Details

Issuer
ProShares
Fund Name
ProShares Ultra Bitcoin ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:BITU
Inception Date
4/2/2024
Fund Manager
Alexander Ilyasov, George Banian
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Currency
Benchmark
Bloomberg Bitcoin Index
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$153.17 million
Average Daily Volume
$0.00
Discount/Premium
0.00%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
104
Put Options
3
Call Options
101

Miscellaneous

Beta
3.98
Creation Unit
10,000
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ProShares Ultra Bitcoin ETF Expenses

TypeBITUCryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.75%0.69%0.51%0.51%
Other Expenses0.00%1.09%0.26%0.64%0.58%
Total Expense0.95%1.17%0.77%0.74%0.70%
Fee Waiver0.00%-0.23%-0.22%-0.68%-0.57%
Net Expense0.95%1.35%0.79%0.58%0.58%

ProShares Ultra Bitcoin ETF (BITU) Holdings

Top 5 BITU Holdings

  • BITCOIN TRUST (IBIT) SWAP NOMURA
    Holding Weight: 120.13%
  • BITCOIN TRUST (IBIT) SWAP GOLDMAN
    Holding Weight: 60.52%
  • CME BITCOIN FUT NON-EQUITY INDEX 28/JUN/2024 BTCM4 CURNCY
    Holding Weight: 19.08%
  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%

BITU ETF - Frequently Asked Questions

How have BITU shares performed in 2024?

ProShares Ultra Bitcoin ETF's stock was trading at $35.91 at the start of the year. Since then, BITU shares have decreased by 10.5% and is now trading at $32.15.
View the best growth stocks for 2024 here
.

What does BITU invest in?

ProShares Ultra Bitcoin ETF is a currency fund issued by ProShares. BITU focuses on cryptocurrency investments and follows the Bloomberg Bitcoin Index. The fund's investments total to approximately $145.51 million assets under management.

What is the management fee for ProShares Ultra Bitcoin ETF?

ProShares Ultra Bitcoin ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for BITU is 0.95%.

How do I buy shares of ProShares Ultra Bitcoin ETF?

Shares of BITU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:BITU) was last updated on 5/15/2024 by MarketBeat.com Staff

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