ProShares Ultra Bitcoin ETF
BITU

$18.78

9.1%

Market Cap: $265M

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

375% more call options, than puts

Call options by funds: $2.56M | Put options by funds: $540K

2.37% more ownership

Funds ownership: 0% [Q1] → 2.37% (+2.37%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for BITU.

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Financial journalist opinion

Zacks Investment Research

Best Performing Leveraged ETFs of the Past Week

Wall Street was upbeat last week thanks mainly to Fed rate cut hopes: That has boost several leveraged ETFs.

Best Performing Leveraged ETFs of the Past Week

Top Performing Leveraged/Inverse ETFs: 07/21/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 07/21/2024

BITU May Be Too Risky At 2x Leverage

ProShares Ultra Bitcoin ETF is a 2x leveraged BTC strategy for day traders seeking amplified returns. This product may not be suitable for long-term investors. BITU uses swap agreements and cash-settled futures contracts to achieve 2x daily returns relative to spot BTC prices. Returns may be amplified during periods of sequential gains and losses in the reference BTC index, resulting in returns outside of the 2x target.

BITU May Be Too Risky At 2x Leverage

ProShares Debuts 2X Leveraged/Inverse Bitcoin ETFs

ProShares added to its portfolio of bitcoin-related products today with the launch of two ETFs. One offers leveraged exposure and the other offers inverse exposure to physical bitcoin rather than bitcoin futures.

ProShares Debuts 2X Leveraged/Inverse Bitcoin ETFs

ProShares Launches First ETF to Target 2x Daily Bitcoin Returns

BETHESDA, Md.--(BUSINESS WIRE)--ProShares is launching BITU, the first ETF to target 2x daily bitcoin returns, and SBIT, the first ETF to target -2x daily bitcoin returns.

ProShares Launches First ETF to Target 2x Daily Bitcoin Returns

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