(BITO) ProShares Bitcoin Strategy - Ratings and Ratios
Bitcoin Futures Contracts, Managed Fund
Description: BITO ProShares Bitcoin Strategy
The ProShares Bitcoin Strategy ETF (NYSE ARCA:BITO) is an investment vehicle that provides exposure to bitcoin through futures contracts, rather than directly investing in the cryptocurrency. This approach allows the fund to capitalize on the price movements of bitcoin without actually holding the asset. The funds strategy is to maintain its exposure to bitcoin futures contracts regardless of the markets direction, whether its experiencing a downturn, stability, or growth.
As a non-diversified ETF, BITOs focus is concentrated on bitcoin futures, making its performance closely tied to the cryptocurrencys market dynamics. The funds assets under management (AUM) stand at $2.31 billion USD, indicating a significant investor interest in gaining exposure to bitcoin through a traditional ETF structure.
From a technical standpoint, BITO is currently trading at $21.40, with its 20-day Simple Moving Average (SMA) at $21.41, indicating a potential resistance level. The 50-day SMA is at $19.59, and the 200-day SMA is at $17.80, suggesting an overall upward trend. The Average True Range (ATR) is 0.63, representing a 2.92% volatility. Given the current price action and the support and resistance levels, its likely that BITO will face resistance at $22.0 and may find support at $21.0, $19.5, and further down at $17.8.
Forecasting BITOs future performance involves analyzing both technical and fundamental data. With the current price hovering around the 20-day SMA, a break above $22.0 could signal further upside potential, potentially driven by increased investor confidence and a rising bitcoin price. Conversely, a drop below $21.0 could indicate a correction, with support levels at $19.5 and $17.8 providing potential buying opportunities. Given the AUM and the overall trend in bitcoin futures, its plausible that BITO could continue its upward trajectory, potentially reaching new 52-week highs. However, the inherent volatility in the cryptocurrency market means that there are risks associated with both upward and downward movements.
Additional Sources for BITO ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
BITO ETF Overview
| Market Cap in USD | 2,604m |
| Category | Digital Assets |
| TER | 0.95% |
| IPO / Inception | 2021-10-18 |
BITO ETF Ratings
| Growth Rating | 44.6 |
| Fundamental | - |
| Dividend Rating | 85.1 |
| Rel. Strength | 70.8 |
| Analysts | - |
| Fair Price Momentum | 42.72 USD |
| Fair Price DCF | - |
BITO Dividends
| Dividend Yield 12m | 58.41% |
| Yield on Cost 5y | 73.41% |
| Annual Growth 5y | 112.66% |
| Payout Consistency | 100.0% |
| Payout Ratio | % |
BITO Growth Ratios
| Growth Correlation 3m | 79.6% |
| Growth Correlation 12m | 76.7% |
| Growth Correlation 5y | 64.6% |
| CAGR 5y | 11.31% |
| CAGR/Max DD 5y | 0.15 |
| Sharpe Ratio 12m | 0.40 |
| Alpha | 84.34 |
| Beta | 0.561 |
| Volatility | 47.51% |
| Current Volume | 12509.1k |
| Average Volume 20d | 6442.7k |
| Stop Loss | 21.9 (-3.6%) |
As of July 13, 2025, the stock is trading at USD 22.72 with a total of 12,509,112 shares traded.
Over the past week, the price has changed by +9.28%, over one month by +8.13%, over three months by +38.84% and over the past year by +93.74%.
Partly, yes. Based on ValueRay´s Analyses, ProShares Bitcoin Strategy (NYSE ARCA:BITO) is currently (July 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 44.62 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BITO is around 42.72 USD . This means that BITO is currently undervalued and has a potential upside of +88.03% (Margin of Safety).
ProShares Bitcoin Strategy has no consensus analysts rating.
According to our own proprietary Forecast Model, BITO ProShares Bitcoin Strategy will be worth about 48.3 in July 2026. The stock is currently trading at 22.72. This means that the stock has a potential upside of +112.37%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.3 | 112.4% |