ProShares Bitcoin Strategy ETF lacks a true income strategy as 77% yields erode NAV. Performance trails IBIT due to fees.

BETHESDA, Md.--(BUSINESS WIRE)-- ProShares, a premier provider of ETFs and the largest provider of bitcoin-linked ETFs* in the United States, announced today that its new short bitcoin strategy fund ...

I am downgrading ProShares Bitcoin ETF to sell, anticipating underperformance during a projected crypto bear market. The historical cycle analysis and bearish technical signals suggest Bitcoin may ...

BITO has dropped 52% year-to-date while Bitcoin fell only 25% from its November peak due to futures contango costs. The fund’s futures-based structure creates persistent underperformance. Rolling ...

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Galaxy Bitcoin Index. The index is ...

With Bitcoin trading just below all-time highs, there is fresh attention on the world's first and largest cryptocurrency.

The backdrop for cryptocurrencies has been overshadowed by strong performance in precious metals, but ETF issuers continue to ...