ProShares Bitcoin ETF (BITO)Digital Assets | Exchange Traded Fund | NYSEArca
10.63 USD
+0.28
(2.705%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 10.60 -0.03 (-0.035%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 5:45 p.m. EDT
BITO presents a classic 'broken income trap' that is currently being aggressively repositioned by momentum traders. The headline 84.6% dividend yield is a statistical artifact of a massive, one-time capital return (likely NAV erosion) that will never repeat; treating this as a reliable income stream is a fatal error. Fundamentally, the ETF is struggling below its 200-day average, and the forecast model predicts a slight short-term decline with high noise (high heteroscedasticity). However, the smart money is clearly betting on a technical bounce: the options market is overwhelmingly long, positioning for a move to $11–$12. Trade this as a short-term momentum squeeze based on options flow, not as a value or income play. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.236881 |
| MSTL | 0.237211 |
| AutoARIMA | 0.238091 |
| AutoTheta | 0.258109 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 0.93 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.22 |
As of April 18, 2026, 5:45 p.m. EDT: Options flow signals a dominant bullish bias in the near term, evidenced by significant volume spikes in Call options at the 11.0 and 12.0 strikes for April, May, and June expirations, particularly in the $12.00 strike which shows new buying volume (Vol > OI). While Put Open Interest remains elevated at lower strikes (7.0-9.5) serving as a hedge, the heavy call volume at ATM and slightly OTM levels suggests speculators are positioning for a breakout above $11.00 in the immediate future. The elevated IV on far OTM puts (e.g., 81% OTM) appears to be tail-risk pricing rather than a directional bearish bet.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.06% | 52.17% | 85.32% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.006 | 0.064103 |
| 2026-03-02 | 0.014 | 0.146999 |
| 2026-02-02 | 0.010 | 0.092882 |
| 2025-12-24 | 0.743 | 6.144041 |
| 2025-12-01 | 0.776 | 6.538931 |
| 2025-11-03 | 0.838 | 5.642383 |
| 2025-10-01 | 0.756 | 4.595556 |
| 2025-09-02 | 0.861 | 5.528317 |
| 2025-08-01 | 1.209 | 7.573926 |
| 2025-07-01 | 0.777 | 5.203703 |
| 2025-06-02 | 0.997 | 6.702465 |
| 2025-05-01 | 0.545 | 3.937279 |
| 2025-04-01 | 0.361 | 2.959161 |
| 2025-03-03 | 0.720 | 5.794910 |
| 2025-02-03 | 0.937 | 6.376144 |
| 2024-12-23 | 1.113 | 8.168146 |
| 2024-12-02 | 0.996 | 7.046749 |
| 2024-11-01 | 0.994 | 9.667344 |
| 2024-10-01 | 1.091 | 11.861315 |
| 2024-09-03 | 1.209 | 13.936535 |
| 2024-08-01 | 1.447 | 15.203310 |
| 2024-07-01 | 1.503 | 15.694646 |
| 2024-06-03 | 1.768 | 16.750285 |
| 2024-05-01 | 1.681 | 19.319057 |
| 2024-04-01 | 1.145 | 10.599355 |
| 2024-03-01 | 0.726 | 7.361665 |
| 2024-02-01 | 0.356 | 5.264938 |
| 2023-12-20 | 0.147 | 2.110930 |
| 2023-12-01 | 0.127 | 2.036821 |
| 2023-11-01 | 0.140 | 2.484906 |
| 2023-10-02 | 0.074 | 1.626454 |
| 2023-09-01 | 0.005 | 0.119716 |
| 2023-08-01 | 0.385 | 8.011071 |
| 2023-07-03 | 0.664 | 12.839233 |
| 2023-06-01 | 0.428 | 9.593229 |
| 2023-05-01 | 0.417 | 8.978130 |
| 2023-04-03 | 0.465 | 9.841097 |
| 2023-03-01 | 0.101 | 2.550362 |
| 2023-02-01 | 0.149 | 3.696675 |
| Attribute | Value |
|---|---|
| All Time High | 44.29 |
| All Time Low | 8.61 |
| Ask | 10.64 |
| Ask Size | 132,200 |
| Average Daily Volume10 Day | 104,105,920 |
| Average Daily Volume3 Month | 99,573,541 |
| Average Volume | 99,573,541 |
| Average Volume10Days | 104,105,920 |
| Beta3 Year | 0.0 |
| Bid | 10.62 |
| Bid Size | 181,600 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.765 |
| Day Low | 10.47 |
| Dividend Yield | 84.6 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.592 |
| Fifty Day Average Change | 1.0380001 |
| Fifty Day Average Change Percent | 0.10821519 |
| Fifty Two Week Change Percent | -44.17017 |
| Fifty Two Week High | 23.63 |
| Fifty Two Week High Change | -12.999999 |
| Fifty Two Week High Change Percent | -0.55014807 |
| Fifty Two Week Low | 8.61 |
| Fifty Two Week Low Change | 2.0200005 |
| Fifty Two Week Low Change Percent | 0.23461097 |
| Fifty Two Week Range | 8.61 - 23.63 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1679448790 |
| Nav Price | 10.6385 |
| Net Assets | 1,742,492,930.0 |
| Net Expense Ratio | 0.95 |
| Open | 10.52 |
| Post Market Change | -0.034999847 |
| Post Market Change Percent | -0.32925537 |
| Post Market Price | 10.595 |
| Post Market Time | 1,776,470,356 |
| Previous Close | 10.35 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.28 |
| Regular Market Change Percent | 2.70531 |
| Regular Market Day High | 10.765 |
| Regular Market Day Low | 10.47 |
| Regular Market Day Range | 10.47 - 10.765 |
| Regular Market Open | 10.52 |
| Regular Market Previous Close | 10.35 |
| Regular Market Price | 10.63 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 130,925,112 |
| Short Name | ProShares Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITO |
| Three Year Average Return | 0.2940294 |
| Total Assets | 1,742,492,928 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -23.13808 |
| Trailing Three Month Returns | -23.13808 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.40315 |
| Two Hundred Day Average Change | -4.7731495 |
| Two Hundred Day Average Change Percent | -0.3098814 |
| Type Disp | ETF |
| Volume | 130,925,112 |
| Yield | 0.84599996 |
| Ytd Return | -23.13808 |