About six months ago, I called the ProShares Bitcoin ETF (NYSEARCA:BITO) a strong buy ahead of the Bitcoin halving that would take place a couple of weeks later. As it turns out, the post-halving ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Bitcoin Strategy ETF (Symbol: BITO) where we have ...
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BITO ETF offers a way to invest in Bitcoin-linked derivatives without direct cryptocurrency ownership. Monthly distributions from BITO derive from managing Bitcoin futures and T-Bills interest ...
BITO offers a unique high-yield strategy through Bitcoin futures with a high dividend yield, despite share price volatility and income not increasing smoothly like for dividend growth ETFs.
The first U.S. Bitcoin-linked exchange-traded fund, called ProShares Bitcoin Strategy ETF (ticker: BITO), hit the market in mid-October and has taken it by storm. The fund has grown at record ...
and buying the ProShares Bitcoin Strategy ETF (BITO). Wood says that the move was made in case the Grayscale Bitcoin Trust conversion to an ETF is not approved by the Securities and Exchange ...
Jeff Reeves writes about investments, the stock market, exchange-traded funds and retirement topics. A veteran journalist with extensive capital markets experience, Jeff has covered Wall Street ...
BITO is an ETF that holds bitcoin futures contracts. Since it's expected to hold front-month futures contracts (although it's had to diversify into second-month contracts lately due to high demand ...
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