Profile of ProShares Bitcoin ETF


ProShares Bitcoin ETF

BITO is the first U.S.-approved Bitcoin futures ETF, launched in 2021 by ProShares. It provides exposure to Bitcoin through CME-traded futures contracts rather than direct BTC holdings. This structure avoids custody issues but may introduce tracking error and additional costs. It’s best for investors who want short-term BTC exposure within existing brokerage platforms.


Detailed feature breakdown for ProShares Bitcoin ETF
ProShares Bitcoin ETF
Fund Sponsor ProShares
Ticker BITO
Expense Ratio (annual fee %) 0.95%
Assets under management (billions of USD) 1 to 10
Listing Exchange NYSE Arca
Fund Manager Website proshares.com
ETF webpage https://www.proshares.com/our-etfs/strategic/bito
Bitcoin Custodian Note: Uses Bitcoin futures contracts
Minimum Investment 1 share (~$40-70)
Trading Volume (Daily Average) $100-200M

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