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

ETF Overview

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.

Key Stats

• Today's Range: $60.24 to $62.63
• 50-Day Range: $47.09 to $63.41
• 52-Week Range: $16.30 to $68.43
• Volume: 2.44 million shs
• Average Volume: 2.59 million shs
• Market Capitalization: $1.33 billion
• Assets Under Management: $1.37 billion
• Dividend Yield: 4.56%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

BITU ETF - Frequently Asked Questions

How have BITU shares performed this year?

ProShares Ultra Bitcoin ETF's stock was trading at $49.42 at the start of the year. Since then, BITU shares have increased by 22.4% and is now trading at $60.48.

Who are ProShares Ultra Bitcoin ETF's major shareholders?

Top institutional shareholders of ProShares Ultra Bitcoin ETF include Financial Management Professionals Inc. (0.29%), Client First Investment Management LLC (0.07%), Toth Financial Advisory Corp (0.05%) and Whitaker Myers Wealth Managers LTD. (0.02%).

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.

What other stocks do shareholders of ProShares Ultra Bitcoin ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares Ultra Bitcoin ETF investors own include Las Vegas Sands (LVS), Cartesian Growth (GLBL), HighPeak Energy (HPK), NVIDIA (NVDA), iShares 20+ Year Treasury Bond ETF (TLT), Upstart (UPST) and YETI (YETI).

Fund Details

• Issuer: ProShares
• Fund Name: ProShares Ultra Bitcoin ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• 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: $1.37 billion
• Average Daily Volume: $0.00
• Discount/Premium: -0.03%
• Leveraged: 2.00

Administrator, Advisor and Custodian

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

Options

• Optionable: Optionable
• Options Volume: 522
• Put Options: 38
• Call Options: 484
• Short Interest: 883,300 shs

Miscellaneous

• Outstanding Shares: 21,930,000
• Beta: 3.98
• Creation Unit: 10,000