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BITU
Passive ETF
NYSE

ProShares Ultra Bitcoin ETF

The ProShares Ultra Bitcoin ETF (BITU) seeks daily returns equal to 2x the price of bitcoin, using financial instruments rather than directly holding bitcoin. The Fund invests primarily in bitcoin futures and swap agreements linked to Spot Bitcoin ETFs, along with cash, money market instruments, and reverse repurchase agreements to manage liquidity and leverage. BITU uses a daily rebalancing strategy to maintain exposure consistent with its target, which may involve “rolling” futures contracts as they near expiration. The Fund gains leveraged exposure in part through a wholly-owned Cayman Islands subsidiary, while remaining compliant with U.S. RIC tax rules. Bitcoin’s value...

Passive ETF
Last update 3/11/2026 at 1:30 PM
Live
Closed
This fund is part of
Other Leveraged Products
+2.76%
Last Price
$12.86
% Change
+1.82%
1W flows
+$13M
1m flows
+$32M
AuM
$406M
E/R
0.98%
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Trading data

Last sale
3/11/2026 at 1:30 PM
$12.86
Previous close
$12.63
Consolidated volume
03/10/2026
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Average volume
30 days
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Average discount or premium
30 days
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Average Bid/Ask spread
30 days
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BITU performance and flow charts

Performance

-10-50510%Feb 10Feb 18Feb 25Mar 4

Flows

0 M5 M10 M15 M20 M25 M30 M35 M

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows

Data as of March 10, 2026
1M3MYTD1Y3Y5Y
Perf.+0.14%-49.32%-42.59%-45.06%
Flows+$32M+$99M+$108M+$154M--
Data as of March 10, 2026

Volatility and drawdown

3M1Y3Y5Y
Volatility+116.97%+92.38%
Max drawdown
-59.67%-77.66%
Max drawdown duration
55d155dN/AN/A
Time to recover
N/AN/AN/AN/A
Data will be available soon

Replication quality

Data as of March 12, 2026
1-year trailing difference

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Tracking error
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Tracking difference
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1 year cumulative return difference
Best
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Worst
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daily return difference
Average
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Worst
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BITU's exposure

This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.

Characteristics

The ProShares Ultra Bitcoin ETF is built to track the Bloomberg Bitcoin Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap.

This share class generates a stream of income by distributing dividends.

Management strategyPassive
ProviderProShares
N° of holdings
Replication methodIndirect
Asset class-
Dividend policyDistributing
Trailing 12m distribution yield
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Inception dateApril 2, 2024
ESGNo

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The CETF certification is the only FINRA listed professional designation focused on ETFs.

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Frequently asked questions about BITU

What type of ETF is BITU?

BITU is a Passive ETF that provides exposure to Cryptocurrencies assets. It is managed by ProShares.

What index does BITU track?

BITU tracks the Bloomberg Bitcoin Index - USD, aiming to replicate its performance through unfunded swap.

What does BITU invest in?

This ETF provides leveraged exposure (2x) to Bitcoin. It is part of the segment: Other Leveraged Products.

What is the expense ratio of BITU?

The total expense ratio (TER) of BITU is 0.98%, representing the annual fee charged by the fund manager.

When was BITU launched?

BITU was launched on April 2, 2024, marking its entry into the ETF market.

Who is the issuer of BITU?

BITU is issued by ProShares.

What is the AUM of BITU?

As of March 10, 2026, BITU manages $406.30 M, reflecting the total assets held in the fund.

How has BITU performed recently?

As of March 10, 2026, BITU delivered a return of 0.14% over the past month (1M performance), -49.32% over the past three months (3M), and -42.59% year-to-date (YTD).

What are the recent fund flows for BITU?

As of March 10, 2026, BITU has seen net flows of +$32M in the past month (1M flow) and +$108M year-to-date (YTD).

Does BITU pay dividends?

As of March 10, 2026, BITU has a trailing 12-month distribution yield of 72.39%.

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