ProShares Bitcoin ETF (BITO)Digital Assets | Exchange Traded Fund | NYSEArca
10.45 USD
-0.33
(-3.061%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.46 +0.01 (0.096%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:56 a.m. EDT
The recent price action shows a sharp recovery from the $8.50 lows, closing near $10.41, which aligns with the heavy call volume at the $10 strike. However, the market structure tells a different story: the massive put open interest at lower strikes ($7-$8.50) acts as a formidable ceiling, and the statistical forecast leans slightly negative (-1.29%). This suggests the recent rally may be a relief bounce off support rather than a trend reversal. The 'broken way to own Bitcoin' narrative in headlines reflects the structural inefficiency of holding a leveraged crypto proxy with high fees and no intrinsic value, making it a risky hold despite the short-term bounce. The dividend yield is an anomaly of the ETF structure, not a sustainable income stream, and the lack of multi-year price growth confirms the asset is currently in a consolidation phase. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.093256 |
| AutoETS | 0.098444 |
| AutoTheta | 0.181830 |
| AutoARIMA | 0.251936 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 11.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.23 |
As of Aug. 22, 2026, 2:56 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct bias toward downside protection. Call Open Interest is heavily concentrated at the $10 strike, acting as a major wall, while Put Open Interest shows massive accumulation at strikes significantly below the current price (e.g., $7, $8.50), suggesting a 'bet against' or hedging strategy rather than a bullish breakout. The implied volatility skew is inverted, with deep out-of-the-money puts trading at premiums far exceeding calls, indicating fear of a drop to the $7-$8 zone.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.16% | 26.56% | 39.75% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.014 | 0.162225 |
| 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 | 10.5 |
| Ask Size | 900,700 |
| Average Daily Volume10 Day | 94,691,430 |
| Average Daily Volume3 Month | 215,882,125 |
| Average Volume | 215,882,125 |
| Average Volume10Days | 94,691,430 |
| Beta3 Year | 0.0 |
| Bid | 10.4 |
| Bid Size | 432,800 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.77 |
| Day Low | 10.36 |
| Dividend Yield | 61.68 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.8272 |
| Fifty Day Average Change | 1.6227999 |
| Fifty Day Average Change Percent | 0.18384084 |
| Fifty Two Week Change Percent | -43.619244 |
| Fifty Two Week High | 20.906 |
| Fifty Two Week High Change | -10.456 |
| Fifty Two Week High Change Percent | -0.5001435 |
| Fifty Two Week Low | 7.87 |
| Fifty Two Week Low Change | 2.58 |
| Fifty Two Week Low Change Percent | 0.3278272 |
| Fifty Two Week Range | 7.87 - 20.906 |
| First Trade Date Milliseconds | 1,634,736,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.33 |
| Fullday Change Percent | -3.06122 |
| Fullday Price | 10.46 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1679448790 |
| Nav Price | 10.5909 |
| Net Assets | 1,405,760,900.0 |
| Net Expense Ratio | 0.95 |
| Open | 10.67 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.09569597 |
| Post Market Price | 10.46 |
| Post Market Time | 1,787,961,582 |
| Previous Close | 10.78 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.33 |
| Regular Market Change Percent | -3.06122 |
| Regular Market Day High | 10.77 |
| Regular Market Day Low | 10.36 |
| Regular Market Day Range | 10.36 - 10.77 |
| Regular Market Open | 10.67 |
| Regular Market Previous Close | 10.78 |
| Regular Market Price | 10.45 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 103,829,495 |
| Short Name | ProShares Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITO |
| Three Year Average Return | 0.3634972 |
| Total Assets | 1,405,760,896 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -18.33636 |
| Trailing Three Month Returns | -18.33636 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.5384 |
| Two Hundred Day Average Change | -0.08839989 |
| Two Hundred Day Average Change Percent | -0.00838836 |
| Type Disp | ETF |
| Volume | 103,829,495 |
| Yield | 0.6168 |
| Ytd Return | -29.43499 |