Proshares Ultra Bitcoin ETF (BITU)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
14.60 USD
+0.21
(1.459%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:21 a.m. EDT
The most critical signal here is the structural decay inherent in leveraged ETFs like BITU, which is currently being exploited by the market. Despite a massive 139% gain over the last year, the recent headlines and price action reveal a severe disconnect: the fund lost 31% while Bitcoin fell only 10%, exposing the 'double exposure' risk and compounding drag. The 8.59% dividend yield is a red flag, not a feature; it represents the erosion of capital due to daily rebalancing losses, not sustainable income. While the recent price action shows a slight bounce off the 50-day average, the options market is screaming caution with massive put walls at lower strikes. This is a classic value trap where the headline yield masks the destruction of principal. Avoid this instrument for income; it is a speculative tool for short-term tactical plays only, not a long-term hold. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.244652 |
| AutoETS | 0.244652 |
| MSTL | 0.244681 |
| AutoTheta | 0.268661 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 83.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.081 |
| Excess Kurtosis | -1.55 |
As of Oct. 10, 2026, 11:21 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest at strikes significantly below current prices (e.g., $7 and $10), indicating a fear of a sharp downside correction or 'double exposure' event. Conversely, call volume is concentrated near the money, suggesting traders are hedging existing long positions rather than initiating aggressive new bullish bets. The implied volatility skew shows elevated premiums for deep out-of-the-money puts compared to calls, reflecting asymmetric risk concerns.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.06% | 29.70% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.009 | 0.057803 |
| 2026-09-01 | 0.015 | 0.112782 |
| 2026-08-03 | 0.019 | 0.203863 |
| 2026-07-01 | 0.014 | 0.166074 |
| 2026-06-01 | 0.013 | 0.104839 |
| 2026-05-01 | 0.015 | 0.098490 |
| 2026-04-01 | 0.013 | 0.110827 |
| 2026-03-02 | 0.023 | 0.184739 |
| 2026-02-02 | 0.030 | 0.178465 |
| 2025-12-24 | 5.725 | 26.010904 |
| 2025-12-01 | 0.427 | 1.567548 |
| 2025-11-03 | 0.401 | 0.904783 |
| 2025-10-01 | 0.327 | 0.585287 |
| 2025-09-02 | 0.492 | 0.965842 |
| 2025-08-01 | 0.966 | 1.765351 |
| 2025-07-01 | 0.177 | 0.359172 |
| 2025-06-02 | 0.575 | 1.157175 |
| 2025-03-03 | 0.791 | 2.090933 |
| 2025-02-03 | 1.214 | 2.196888 |
| 2024-12-23 | 0.005 | 0.010093 |
| 2024-08-01 | 0.008 | 0.028129 |
| 2024-07-01 | 0.015 | 0.050813 |
| 2024-06-03 | 0.018 | 0.049288 |
| 2024-05-01 | 0.015 | 0.058594 |
| Attribute | Value |
|---|---|
| All Time High | 68.43 |
| All Time Low | 7.92 |
| Ask | 14.53 |
| Ask Size | 7,000 |
| Average Daily Volume10 Day | 3,866,030 |
| Average Daily Volume3 Month | 4,559,214 |
| Average Volume | 4,559,214 |
| Average Volume10Days | 3,866,030 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 7,700 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.69 |
| Day Low | 13.704 |
| Dividend Yield | 8.59 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.281 |
| Fifty Day Average Change | 1.3190002 |
| Fifty Day Average Change Percent | 0.09931483 |
| Fifty Two Week Change Percent | -68.212944 |
| Fifty Two Week High | 53.44 |
| Fifty Two Week High Change | -38.839996 |
| Fifty Two Week High Change Percent | -0.7267963 |
| Fifty Two Week Low | 7.92 |
| Fifty Two Week Low Change | 6.6800003 |
| Fifty Two Week Low Change Percent | 0.8434344 |
| Fifty Two Week Range | 7.92 - 53.44 |
| First Trade Date Milliseconds | 1,712,064,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.11100006 |
| Fullday Change Percent | 0.759806 |
| Fullday Price | 14.72 |
| Fund Family | ProShares |
| Fund Inception Date | 1,711,929,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. Under normal circumstances, the fund will invest at least 80% of the fund’s assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund is non-diversified. |
| Long Name | Proshares Ultra Bitcoin ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1870963238 |
| Nav Price | 14.4014 |
| Net Assets | 599,559,300.0 |
| Net Expense Ratio | 0.95 |
| Open | 13.85 |
| Pre Market Change | 0.11100006 |
| Pre Market Change Percent | 0.759806 |
| Pre Market Price | 14.72 |
| Pre Market Time | 1,792,151,097 |
| Previous Close | 14.39 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.21 |
| Regular Market Change Percent | 1.45935 |
| Regular Market Day High | 14.69 |
| Regular Market Day Low | 13.704 |
| Regular Market Day Range | 13.704 - 14.69 |
| Regular Market Open | 13.85 |
| Regular Market Previous Close | 14.39 |
| Regular Market Price | 14.6 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 4,009,697 |
| Short Name | ProShares Ultra Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITU |
| Total Assets | 599,559,296 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 88.13771 |
| Trailing Three Month Returns | 88.13771 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.6717 |
| Two Hundred Day Average Change | 0.92830086 |
| Two Hundred Day Average Change Percent | 0.06789945 |
| Type Disp | ETF |
| Volume | 4,009,697 |
| Yield | 0.0859 |
| Ytd Return | -30.42169 |