ProShares Bitcoin Strategy ETF (BITO)
BITO is an actively managed ETF by ProShares. BITO launched on Oct 19, 2021 and has a 0.95% expense ratio.
ETF Info
US74347G4405
74347G440
Oct 19, 2021
1x
No Index (Active)
Expense Ratio
BITO has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
ProShares Bitcoin Strategy ETF (BITO) returned 8.21% year-to-date (YTD) and 59.74% over the past 12 months.
BITO
8.21%
29.33%
29.64%
59.74%
N/A
N/A
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of BITO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 7.95% | -17.39% | -2.66% | 13.76% | 9.58% | 8.21% | |||||||
| 2024 | 0.15% | 44.96% | 13.32% | -17.63% | 14.00% | -11.77% | 8.01% | -10.56% | 8.45% | 9.84% | 38.41% | -5.13% | 105.97% |
| 2023 | 40.27% | -0.21% | 22.10% | 2.08% | -8.67% | 12.51% | -5.12% | -10.96% | 2.79% | 28.06% | 8.14% | 10.10% | 137.32% |
| 2022 | -16.40% | 9.19% | 8.26% | -16.53% | -17.66% | -40.86% | 27.73% | -16.66% | -2.99% | 4.84% | -14.88% | -2.52% | -63.91% |
| 2021 | -3.70% | -9.41% | -21.02% | -31.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, BITO is among the top 16% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Bitcoin Strategy ETF (BITO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
ProShares Bitcoin Strategy ETF provided a 58.21% dividend yield over the last twelve months, with an annual payout of $12.68 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $12.68 | $14.03 | $3.10 |
Dividend yield | 58.21% | 61.58% | 15.14% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Bitcoin Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.94 | $0.72 | $0.36 | $0.55 | $2.56 | |||||||
| 2024 | $0.00 | $0.36 | $0.73 | $1.15 | $1.68 | $1.77 | $1.50 | $1.45 | $1.21 | $1.09 | $0.99 | $2.11 | $14.03 |
| 2023 | $0.15 | $0.10 | $0.47 | $0.42 | $0.43 | $0.66 | $0.39 | $0.01 | $0.07 | $0.14 | $0.27 | $3.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Bitcoin Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Bitcoin Strategy ETF was 77.86%, occurring on Nov 21, 2022. Recovery took 495 trading sessions.
The current ProShares Bitcoin Strategy ETF drawdown is 5.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.86% | Nov 10, 2021 | 260 | Nov 21, 2022 | 495 | Nov 11, 2024 | 755 |
| -29.82% | Dec 18, 2024 | 75 | Apr 8, 2025 | — | — | — |
| -12.06% | Oct 21, 2021 | 5 | Oct 27, 2021 | 9 | Nov 9, 2021 | 14 |
| -8.58% | Nov 25, 2024 | 2 | Nov 26, 2024 | 7 | Dec 6, 2024 | 9 |
| -5.4% | Dec 9, 2024 | 1 | Dec 9, 2024 | 5 | Dec 16, 2024 | 6 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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