(BITO) ProShares Bitcoin Strategy - Overview
Etf: Futures, Exposure, Digital Asset
| Risk 5d forecast | |
|---|---|
| Volatility | 50.6% |
| Relative Tail Risk | -3.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.36 |
| Alpha | -44.71 |
| Character TTM | |
|---|---|
| Beta | 1.608 |
| Beta Downside | 1.718 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.05% |
| CAGR/Max DD | 0.55 |
Risks
Description: BITO ProShares Bitcoin Strategy March 03, 2026
The ProShares Bitcoin Strategy ETF (BITO) provides investors with managed exposure to bitcoin price movements through the use of futures contracts rather than direct ownership of the underlying digital asset. As a non-diversified fund, the adviser maintains positions in these contracts regardless of whether bitcoin market values are appreciating, flat, or declining.
The bitcoin futures market is regulated by the Commodity Futures Trading Commission (CFTC), offering a standardized framework for price speculation and hedging within the digital asset sector. This derivative-based model allows for institutional-grade liquidity and integration into traditional brokerage accounts without the need for digital wallets or private key management. You may find additional data points regarding this funds performance metrics at ValueRay.
Headlines to watch out for
- Bitcoin futures prices dictate fund performance
- Regulatory changes impact futures market access
- Futures contract roll costs erode returns
- Bitcoin price volatility influences fund value
What is the price of BITO shares?
Over the past week, the price has changed by -1.33%, over one month by +3.48%, over three months by -21.13% and over the past year by -20.19%.
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 | - | - |