NYSEARCA:BITO

Proshares Trust - Proshares Bitcoin Strategy Etf ETF News

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$8.90
-0.270 (-2.94%)
At Close: Jun 03, 2026
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Anthony Pompliano, Professional Capital Management founder and CEO and ‘How to Live an Extraordinary Life' author, joins 'Squawk Box' to discuss the state of bitcoin, impact of Fed's interest rate d
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte

SEC approves spot bitcoin ETF options

05:45pm, Friday, 20'th Sep 2024
The U.S. Securities and Exchange Commission has approved options to asset manager BlackRock's spot bitcoin exchange-traded fund.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte

What's next for crypto investing after ETFs

01:38pm, Tuesday, 17'th Sep 2024
CNBC's Tanaya Macheel joins "Halftime Report" to discuss what's next for crypto investing.
Bitcoin jumped Tuesday ahead of the Federal Reserve's key rate decision on Wednesday, as traders expect the central bank policymakers to deliver the first interest-rate cut in four years.
Bitcoin exchange-traded funds appear to be losing their shine, with signs of economic weakness spooking cryptocurrency investors.

Bitcoin Is Rising. But September May Be Tough.

07:57am, Tuesday, 03'rd Sep 2024
September is typically a difficult month for cryptos.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte

BITO's Underperformance Is Likely To Continue

10:05am, Friday, 30'th Aug 2024
We think BITO is inferior to other spot-based BTC products due to the fund's high expense ratio and futures-based approach to getting crypto exposure. High transaction costs, liquidity constraints, an
I have a hold rating on the ProShares Bitcoin Strategy ETF due to mixed macro risks and bearish seasonality in the near term. The Fed's anticipated rate cuts could benefit Bitcoin, but a stronger US d

BITO: 2 Potential Catalysts To Look Forward To

06:54am, Wednesday, 28'th Aug 2024
ProShares Bitcoin Strategy ETF does not directly own Bitcoin, but instead holds exposure to Bitcoin futures. Through these Bitcoin futures, BITO generates income and offers a massive 44% dividend yiel
Bitcoin rose more than 5% on Friday, after Federal Reserve Chair Jerome Powell said in a speech at the Jackson Hole Economic Symposium that the “time has come” for the central bank to cut its key
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