(BITO) ProShares Bitcoin Strategy - Ratings and Ratios
Bitcoin Futures, Futures-Based ETF
Dividends
| Dividend Yield | 74.87% |
| Yield on Cost 5y | 82.83% |
| Yield CAGR 5y | 352.18% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 53.6% |
| Value at Risk 5%th | 83.2% |
| Relative Tail Risk | -5.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.25 |
| Alpha | -26.83 |
| CAGR/Max DD | 1.94 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.443 |
| Beta | 0.993 |
| Beta Downside | 0.631 |
| Drawdowns 3y | |
|---|---|
| Max DD | 33.09% |
| Mean DD | 9.85% |
| Median DD | 8.78% |
Description: BITO ProShares Bitcoin Strategy November 09, 2025
The ProShares Bitcoin Strategy ETF (NYSE ARCA: BITO) seeks its investment objective by holding CME-listed Bitcoin futures contracts rather than the cryptocurrency itself, making it a non-diversified vehicle that can remain positioned whether futures prices are flat, rising, or falling.
Key operational metrics as of the latest filings show roughly $1.4 billion in assets under management, an expense ratio of 0.95%, and a historical correlation of about 0.78 with the spot Bitcoin price, reflecting the impact of futures roll-over and contango/backwardation dynamics.
Primary drivers of BITO’s performance include the term structure of Bitcoin futures (i.e., the spread between near-month and longer-dated contracts), CME futures liquidity, and broader macro-level factors such as U.S. monetary policy shifts that influence risk-appetite for digital assets.
For a deeper dive into BITO’s risk-adjusted performance and its sensitivity to Bitcoin’s term structure, the ValueRay platform offers granular analytics worth exploring.
What is the price of BITO shares?
Over the past week, the price has changed by -1.59%, over one month by -14.22%, over three months by -20.80% and over the past year by -14.82%.
Is BITO a buy, sell or hold?
What are the forecasts/targets for the BITO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 60.7 | 359.6% |
BITO Fundamental Data Overview December 03, 2025
Beta = 0.0
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.11b USD (2.11b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.11b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.11b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.67% (E(2.11b)/V(2.11b) * Re(9.67%) + (debt-free company))
Discount Rate = 9.67% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for BITO ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle