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ProShares Bitcoin Strategy ETF (BITO)

ETF · Currency in USD · Last updated May 21, 2022

BITO is an actively managed ETF by ProShares. BITO launched on Oct 19, 2021 and has a 0.95% expense ratio.

ETF Info

Trading Data

  • Previous Close$18.19
  • EMA (50)$23.38
  • Average Volume$6.36M

BITOShare Price Chart

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The chart shows the growth of $10,000 invested in ProShares Bitcoin Strategy ETF on Oct 20, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $4,337 for a total return of roughly -56.63%. All prices are adjusted for splits and dividends.

BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

BITOReturns in periods

Returns over 1 year are annualized


BITOMonthly Returns Heatmap

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BITOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The chart below displays rolling 12-month Sharpe Ratio.

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BITODividend History

ProShares Bitcoin Strategy ETF doesn't pay dividends

BITODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

BITOWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Bitcoin Strategy ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Bitcoin Strategy ETF is 59.12%, recorded on May 12, 2022. The portfolio has not recovered from it yet.



To Bottom


To Recover



-59.12%Nov 10, 2021127May 12, 2022
-12.06%Oct 21, 20215Oct 27, 20219Nov 9, 202114

BITOVolatility Chart

Current ProShares Bitcoin Strategy ETF volatility is 57.92%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

BITO (ProShares Bitcoin Strategy ETF)
Benchmark (^GSPC)

Portfolios with ProShares Bitcoin Strategy ETF

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