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ProShares Bitcoin ETF (BITO) is the first U.S. bitcoin-linked ETF offering investors an opportunity to gain exposure to bitcoin returns in a convenient, liquid and transparent way.
BITO is the first U.S. exchange-traded fund that seeks to correspond to the performance of bitcoin. BITO invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns.
This ETF invests in bitcoin futures contracts and does not invest directly in bitcoin. Bitcoin and bitcoin futures are a relatively new asset class, and the market for bitcoin is subject to rapid changes and uncertainty.
BITO, or ProShares Bitcoin Strategy ETF, will invest primarily in bitcoin futures contracts and does not directly invest in bitcoin. In July of this year, ProShares’ affiliate company, ProFunds, launched the first bitcoin-linked mutual fund in the U.S.
Bitcoin Strategy ETF (BITO) is the first and largest U.S. bitcoin-linked ETF according to Bloomberg and based on assets under management as of 9/30/23. Investing involves risk, including the possible loss of principal.
BITO Bitcoin ETF This Summary Prospectus is designed to provide investors with key fund information in a clear and concise format.Before you invest,you may want to review the Fund’s Full Prospectus, which contains more information about the Fund and its risks.
Seeking bitcoin returns in an ETF? Since launch, BITO has closely tracked the performance of spot bitcoin — with the additional benefits of an ETF.
This annual shareholder report contains important information about Bitcoin Strategy ETF (the “Fund”) for the period of June 1, 2023 to May 31, 2024. You can find additional information about the Fund at https://www.proshares.com/shareholder_reports.
Investment Objective – Short Bitcoin Strategy ETF and Short Ether Strategy ETF Only 2. For Short Strategy Bitcoin ETF, the first paragraph under the section entitled “Investment Objective” is replaced with the following: ProShares Short Bitcoin ETF (the “Fund”) seeks daily investment results, before fees and expenses,
The ProShares Short Bitcoin Strategy ETF (NYSE Ticker: BITI) provides a convenient way for investors to potentially profit from a decline in the price of bitcoin or hedge their cryptocurrency exposure with the convenience of an ETF. BITI is designed to address the challenge of acquiring short exposure to bitcoin, which can be onerous and ...