Last Modification
The BITO ETF is the ProShares Bitcoin Strategy ETF, designed to provide exposure to Bitcoin futures contracts rather than directly holding Bitcoin. It was launched on October 18, 2021, making it the first Bitcoin-linked ETF available in the U.S.
Why Investors Consider BITO:
In addition to the following, I love the monthly dividends I receive from BITO! See the ProShares Bitcoin Strategy ETF table below.
- Regulated Exposure: Provides Bitcoin exposure through a traditional brokerage account.
- Liquidity & Transparency: Trades like a regular ETF, avoiding the complexities of crypto exchanges.
- Risk Considerations: Futures-based ETFs can experience contango, where futures prices exceed spot prices, potentially impacting returns.
In addition to BITO the following ETF’s are similar to BITO in that they provide exposure to Bitcoin futures or crypto-related assets:
- XBTF – VanEck Bitcoin Strategy ETF: Similar to BITO, it invests in Bitcoin futures contracts.
- BTF – Valkyrie Bitcoin Strategy ETF: Another futures-based Bitcoin ETF with a slightly different structure.
- BITI – ProShares Short Bitcoin Strategy ETF: A bearish ETF designed to profit from Bitcoin price declines.
- GBTC – Grayscale Bitcoin Trust: Recently converted into a spot Bitcoin ETF, directly holding Bitcoin.
- IBIT – iShares Bitcoin Trust: A BlackRock-managed spot Bitcoin ETF.
- FBTC – Fidelity Wise Origin Bitcoin Trust: Fidelity’s spot Bitcoin ETF, offering direct exposure.
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|---|---|---|---|---|---|
| 06/02/2025 | 06/02/2025 | 06/06/2025 | 0.99724 | — | — | — |
| 05/01/2025 | 05/01/2025 | 05/07/2025 | 0.544737 | — | — | — |
| 04/01/2025 | 04/01/2025 | 04/07/2025 | 0.361007 | — | — | — |
| 03/03/2025 | 03/03/2025 | 03/07/2025 | 0.720248 | — | — | — |
| 02/03/2025 | 02/03/2025 | 02/07/2025 | 0.936822 | — | — | — |
