ProShares Bitcoin ETF (BITO)Digital Assets | Exchange Traded Fund | NYSEArca
8.44 USD
-0.23
(-2.653%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 8.44 |
Hot Take ↕ | July 11, 2026, 6:37 a.m. EDT
The long-term outlook remains neutral because the underlying asset is a leveraged ETF tracking Bitcoin, which inherently suffers from compounding decay and high fees during sideways or down markets. Despite a positive multi-year trajectory driven by Bitcoin's rally, the structure prevents it from being a core holding. The short-term signal is bearish-leaning due to crushing momentum; the price is trading significantly below its 50-day and 200-day averages, indicating a failed attempt to recover losses recently. This weakness is confirmed by the options data, where traders are buying protection at lower strikes, betting on further downside or high volatility. The dividend yield is misleadingly high at 75%, but this is an artifact of the fund distributing capital gains rather than generating operating income, making it unsustainable as a true yield strategy. Investors should view this as a speculative vehicle for Bitcoin exposure rather than a standalone investment. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.158983 |
| MSTL | 0.160018 |
| AutoARIMA | 0.161788 |
| AutoTheta | 0.186487 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 84.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.077 |
| Excess Kurtosis | -1.54 |
As of July 11, 2026, 6:37 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 6.0, 7.0, 8.0) relative to calls, creating a significant 'put wall' around the current price. While there is some volume in near-term calls, the overwhelming OI concentration in downside strikes suggests a market expectation of continued volatility or a drop below current levels, rather than a breakout rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.12% | 32.29% | 40.54% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.010 | 0.123001 |
| 2026-06-01 | 0.014 | 0.143737 |
| 2026-05-01 | 0.016 | 0.148976 |
| 2026-04-01 | 0.006 | 0.064103 |
| 2026-03-02 | 0.014 | 0.146905 |
| 2026-02-02 | 0.010 | 0.092678 |
| 2025-12-24 | 0.743 | 6.125309 |
| 2025-12-01 | 0.776 | 6.144101 |
| 2025-11-03 | 0.838 | 5.011962 |
| 2025-10-01 | 0.756 | 3.892894 |
| 2025-09-02 | 0.861 | 4.503138 |
| 2025-08-01 | 1.209 | 5.897561 |
| 2025-07-01 | 0.777 | 3.833251 |
| 2025-06-02 | 0.997 | 4.758950 |
| 2025-05-01 | 0.545 | 2.668952 |
| 2025-04-01 | 0.361 | 1.952407 |
| 2025-03-03 | 0.720 | 3.748048 |
| 2025-02-03 | 0.937 | 3.972022 |
| 2024-12-23 | 1.113 | 4.894459 |
| 2024-12-02 | 0.996 | 4.032389 |
| 2024-11-01 | 0.994 | 5.321199 |
| 2024-10-01 | 1.091 | 6.202388 |
| 2024-09-03 | 1.209 | 6.873223 |
| 2024-08-01 | 1.447 | 7.020863 |
| 2024-07-01 | 1.503 | 6.785553 |
| 2024-06-03 | 1.768 | 6.758410 |
| 2024-05-01 | 1.681 | 7.289679 |
| 2024-04-01 | 1.145 | 3.736945 |
| 2024-03-01 | 0.726 | 2.503448 |
| 2024-02-01 | 0.356 | 1.745954 |
| 2023-12-20 | 0.147 | 0.687880 |
| 2023-12-01 | 0.127 | 0.659056 |
| 2023-11-01 | 0.140 | 0.798631 |
| 2023-10-02 | 0.074 | 0.518570 |
| 2023-09-01 | 0.005 | 0.037965 |
| 2023-08-01 | 0.385 | 2.539578 |
| 2023-07-03 | 0.664 | 3.968918 |
| 2023-06-01 | 0.428 | 2.849534 |
| 2023-05-01 | 0.417 | 2.593284 |
| 2023-04-03 | 0.465 | 2.774463 |
| 2023-03-01 | 0.101 | 0.699931 |
| 2023-02-01 | 0.149 | 1.007437 |
| Attribute | Value |
|---|---|
| All Time High | 44.29 |
| All Time Low | 7.87 |
| Ask | 8.5 |
| Ask Size | 356,400 |
| Average Daily Volume10 Day | 274,071,250 |
| Average Daily Volume3 Month | 184,388,659 |
| Average Volume | 184,388,659 |
| Average Volume10Days | 274,071,250 |
| Beta3 Year | 0.0 |
| Bid | 8.42 |
| Bid Size | 399,800 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.5399 |
| Day Low | 8.37 |
| Dividend Yield | 75.49 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.4964 |
| Fifty Day Average Change | -1.0564003 |
| Fifty Day Average Change Percent | -0.11124219 |
| Fifty Two Week Change Percent | -62.38612 |
| Fifty Two Week High | 23.49 |
| Fifty Two Week High Change | -15.05 |
| Fifty Two Week High Change Percent | -0.6406982 |
| Fifty Two Week Low | 7.87 |
| Fifty Two Week Low Change | 0.5699997 |
| Fifty Two Week Low Change Percent | 0.0724269 |
| Fifty Two Week Range | 7.87 - 23.49 |
| First Trade Date Milliseconds | 1,634,736,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,634,515,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,021-10-19 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund adviser seeks to achieve its investment objective 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 and bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. It is non-diversified. |
| Long Name | ProShares Bitcoin ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1679448790 |
| Nav Price | 8.5735 |
| Net Assets | 1,333,297,540.0 |
| Net Expense Ratio | 0.95 |
| Open | 8.47 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 8.44 |
| Post Market Time | 1,783,987,155 |
| Previous Close | 8.67 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.23 |
| Regular Market Change Percent | -2.65283 |
| Regular Market Day High | 8.5399 |
| Regular Market Day Low | 8.37 |
| Regular Market Day Range | 8.37 - 8.5399 |
| Regular Market Open | 8.47 |
| Regular Market Previous Close | 8.67 |
| Regular Market Price | 8.44 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 277,234,926 |
| Short Name | ProShares Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITO |
| Three Year Average Return | 0.2012426 |
| Total Assets | 1,333,297,536 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.15929 |
| Trailing Three Month Returns | -14.15929 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.15605 |
| Two Hundred Day Average Change | -3.7160501 |
| Two Hundred Day Average Change Percent | -0.30569553 |
| Type Disp | ETF |
| Volume | 277,234,926 |
| Yield | 0.7549 |
| Ytd Return | -34.02118 |