PROSHARES BITCOIN STRATEGY ETF

NYSE ARCA: BITO
$18.04
+$0.27 (+1.5%)
Closing Price on October 7, 2024

BITO Stock Chart and Intraday Price

BITO Stock Data

Asset Type ETF
Exchange NYSE ARCA
ProShares Bitcoin Strategy ETF, managed by ProShare Advisors LLC, is a unique investment fund that focuses on the cryptocurrency market, specifically bitcoin. Instead of buying bitcoin directly, it invests in bitcoin futures and other derivatives, aiming to mirror the performance of the Bloomberg Galaxy Bitcoin Index. Launched in October 2021, this ETF offers investors a way to gain exposure to bitcoin's price movements without owning the cryptocurrency outright, all within a traditional investment account.

BITO Articles

Investing in the cryptocurrency sector has become much easier thanks to the rise of a range of exchange traded products (ETFs) within this sector. Earlier this year, the Securities and Exchange...
The first U.S.-traded Bitcoin ETF made its debut Tuesday morning. That and another big positive swing to a meme-like energy stock are the big stories at noon.