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ProShares Bitcoin Strategy ETF

BITO•AMEX
Financial Services
Asset Management - Cryptocurrency
$21.13
$0.86(4.24%)

ProShares Bitcoin Strategy ETF (BITO) Stock Overview

Explore ProShares Bitcoin Strategy ETF’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B

Score: 67.5/100

Key Financials

Market Cap2.4B
P/E RatioN/A
EPS (TTM)N/A
ROE0.00%
Fundamental Analysis

AI Price Forecasts

1 Week$19.06
1 Month$15.26
3 Months$14.53
1 Year Target$22.62

BITO Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of ProShares Bitcoin Strategy ETF (BITO) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $22.62.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 2.4B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

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Analyst Recommendations data is not available for BITOAnalyst Recommendations details for BITO are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Company Profile

The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin or bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. In order to maintain exposure to bitcoin futures contracts, it must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. It is non-diversified.

Founded

2021

Frequently Asked Questions

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