BITO
ProShares Bitcoin Strategy ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Bitcoin ETFs options, literally free money
Difference between BITO & IBIT?
Maybe Cathie Woods is more genius than we thought
My 5 biggest crypto stocks for 2024
$BITO is a great place holder for the 401k or IRA before all the spot ETF's are approved.
The election of the most radical S.O.T.H in modern history is the $100k Bitcoin catalyst.
Where may I buy Bitcoin/Ether LEAPS options in the United States?
What is everyone's thoughts on BITO? Good play for some sweet dividends or run from it?
Bitcoin Spot ETF’s – The Digital Gold Rush
BITO: Yesterday's Breakout confirmed. Bitcoin is back.
Bearish Decoupling: What we missed about the Bank Failures
Bearish Decoupling: What we missed about the Bank Failures
Picked up $75k worth of Jan 2025 BITO Leaps as bet on $BTC in the old Roth
2023-01-25 Wrinkle-brain Plays (Mathematically derived options plays)
Decentralized Money is Unlikely to Survive the Winter.
Curious if anyone is invested in ETFs that short crypto?
6K TO 600K IN 2+ YEARS! YOU LIKE 10,000%+ GAIN PORN?
6k to 565k in 2+ years...that's 9000%+ for those not good at maph
Have an ITM BITO 9/16 $32 Put - What can I do to offset losses?
So Who Is $RECAF (Recon Africa's) Arch Enemy, Short Fund Viceroy Research? Are They Behind Planted Fake Stories?
$8.74k profit in 3 days. Sold 220 $12 strike BITO puts for $0.41 per contract on Wednesday. Close them today for $0.01 per contract. Fortune favours the brave 🚀 🚀 🚀
$8.74k profit in 3 days. Sold 220 $12 strike BITO puts for $0.41 per contract ON Wednesday. Close them today for $0.01 per contract. Fortune favours the brave 🚀 🚀 🚀
With bitcoin coming to 401(k)'s, does that make BTC-related stocks the most obvious investment right now?
From 6k to 400k in 3 years update - is 6,680% gains good?
6k account update - is 6,680% gainz in 2 years good?
Digital money gain BITO options ~100k gain porn
$BITO puts are being dumped on the bid and calls are being bought at the ask! BTC to +300k! Hedge Funds who shorted $BITO thinking this was the tulip market of 1630s are trapped!! TD has this HTB which means retail has no access to short because they're saving all the shortable shares for themselves
$BITO will rocket to new hight because greedy shorts over stayed their welcome
$BITO puts are being dumped on the bid and calls are being bought at the ask! BTC to +300k! Hedge Funds who shorted $BITO thinking this was the tulip market of 1630s are trapped!! TD has this HTB which means retail has no access to short because they're saving all the shortable shares for themselves
Bought 310 calls options on $BITO! GOING to make a few million when bitcoin set a new all time hight over +$100,000. 31 March 22 $65 calls is what I bought for .04 a contract. #asymmetricrisk #crypto
Bought 310 calls options on $BITO! GOING to make a few million when btc set a new all time hight over +$100,000. 31 March 22 $65 calls is what I bought for .04 a contract. #asymmetricrisk
QQQ puts + ARKK puts - TSLA calls - BITO calls =
Cheeky $BITO puts 1 DTE bought Thursday night. The future is now!
Friendly discussion: BITO vs BTCC which has better long term growth opportunities?
Do the bonds in BITO (And similar ETFs) offset the time decay of etfs that follow futures?
If you're even the slightest bit bullish on crypto throughout the next year, there's no better way to play it than BITO
Digital/Crypto Investment Options Through Fidelity (Roth IRA)
BITO $3 rebound and record options volume for Bitcoin Futures ETF
Aped entire IRA into $BITO calls - $67K experiment 🚀
Earnings Moves, Apple, Amazon, Facebook, AMD, Robinhood, and EM for BITO
Commodity ETFs with Roll Strategy. Is any investment value lost as underlying prompt futures-contracts rollover into the new month?
Mentions
CMG = loser, still holding BITO= should've bailed a long time ago down 50% but dividends have made up for the 50% down NEXT = I was hoping it would've popped more, and obviously more room to run, but without this conflict it would've been a loser too, currently up 15% hoping for $11-12 sell price.
BITO might just be the move
just another saturday night drinking beers and thanking the stars for buying BITO etf for the fat dividend only to watch the price go down 50% and the divi go to practically 0 the last 2 months
I’m diversified with BITO, MSTR, and BTC.
$35 strike price? on BITO? Well, cardboard can work as both food and shelter i guess...
Godspeed. Why BITO over IBIT tho??
That was a generational dip. what better way to slash the price than to say Epstein was the creator. Orange man even sent the signal days before the crash “NEVER SELL YOUR BITCOIN”. It’s going to rocket past 100k just as quick as it dumped. Big boys bought back in heavy at 63k. BITO 🚀
Time to load up on BITO. The dump and pump scheme is in phase 2 PUMP! 🚀
Phase 1 of corn dump and pump is over. Time for phase 2. Time to load up on BITO
Do you know what BITO is? Ask yourself why you’re still holding that.
BITO won't either, it's just dividends instead of gains. Even if BTC rebounds, it'll go down.
I got 1700 shares of BITO kept buying dips the last few months. Down $15k so far but hey, at least I’ll get $1,000/more in dividends.
Would you generate a long term profit if you went long IBIT shares and short the same nominal value of BITO?
https://stockanalysis.com/tools/dividend-calculator/?ticker=BITO Well, shoot. I'm taking this rocket for the next ten years, and then I'll have enough money to buy EVERYTHING. /j
I invested in BITO and that's been good to me. 50% annual dividend - can't argue with that.
Nice recovery. My move lately has been the same. I'm also filling up my pockets with low cost dividend stocks that pay out large sums. $BITO and $IEP. Monthly from BITO and quarterly dividend from IEP. I want to stop investing my own money and use dividends and gains from now on.
I kind of did the same thing but at the other end of the spectrum: during a manic phase I sold my whole port for huge gains to dump all the profits into ETH around the top, then bought a new port heavy in BITO at the top and others (that I owned before, some at very low cost average) at ATHs swearing it's 'time in the market' not timing the market that matters. Down probably 20-25% rn. I don't care who reads this I just wanted to get it off my chest.
BITO and BTF. You’ll thank me every Christmas on the BTF if you get 100 shares or more.
QDTE and BITO are 0.7% of the account, each. I'd say how it's doing, but the stupid Excel outage is killing me.
BITO may have bottomed but don't expect any growth, dividends only.
This will sound crazy, but BITO - an ETF for options on bitcoin. First, it would never occur to me to invest in crypto. But this stock is currently paying an annualized dividend of close to 60%. It's been doing this for more than a year. I think if this continues it's only a matter of time before it shoots through the roof. Or I'll lose everything. One of those two things will probably happen.
BITO and IBIT calls. Jan. 2
BITO is all futures, IBIT is spot. Make sure you understand what that means.
i was looking at the 3year 1 day chart comparison of BITO/IBIT and they run in correlation. the premium in IBIT is not in my budget range. i only do long calls no spreads.
Why would you touch BITO when you can trade IBIT?
Why do you want to trade futures instead of spot? Compare performance of BITO to IBIT.
BITO here. Those .02 14.5c yesterday were too cheap to ignore.
I’m gambling calls on BITO
Would BITO 12/5 13c be regarded
LOL, got it. I've done database development for 30 years, so I'm certainly familiar with that meaning "TPS". But I had no context to apply it here. That's exacerbated by: I don't know nothin' about crypto, aside from having about 0.05% of my assets in BITO. In particular, it's surprising that so few BTC transactions are done. But it looks like your numbers are pretty close to right: [these numbers](https://ycharts.com/indicators/bitcoin_transactions_per_day) never look much better than about 7 TPS.
Why not BITO or BTCI instead? ETFs that sell covered calls and pay big dividends - sure there can be NAV erosion, but MSTR’s strategy is so complex - and the results of late have been so awful - it feels like a scam.
To make you feel better, I’m down about 50k on BITO&CRCL… we are in a crypto winter now but I’m holding them
That is much worse, because the large monthly BITO dividend is taxed as ordinary income while any IBIT gains would be taxed as capital gains. For long term holding, any spot BTC ETF with a low expense ratio is the better choice.
You are right. But. Just remember that what you see on IBIT total returns is all Unrealized gains. What you see on BITO is unrealized gains for price appreciation but all the distributions are already paide for. So, when selling both you would pay less tax on BITO. UNLESS there is something about US taxes I'm not aware of. I pay 'dividend' tax immediately as I got any distribution.
Theres no point man. BITO just worse. Just start with IBIT.
Any way to calculate putting BITO dividends into IBIT?
https://testfol.io/?s=fVoDTlSqs59 Here is YTD. BITO drags IBIT by 4.8% so far with reinvested dividends and BITO without DRIP is actually -31.5% YTD.
You seem to be unhappy with this reality https://testfol.io/?s=aOz1FcvLmFk Here is IBIT vs BITO w/ drip vs BITO without drip
BITO's stock price is down 20.11% on the 1 year chart. The 5.84% figure is therefore obviously inclusive of dividends. Read and understand before responding.
https://www.etf.com/tools/etf-comparison/IBIT-vs-BITO IBIT 1yr performance 10.99% BITO 1yr performance 5.84% Took 5 seconds to find that and one google search.
does this take into account BITO's dividends?
Blud do you smoke crack by any chance? BITO underperforms every bitcoin etf by some margin due to contango effect. Essentially there's a cost to roll futures contracts each month and so your best case scenario is loosing a few % points every single month compared to a standard ETF. BITO is only for short term plays.
The returns of BITO are the same as IBIT but with a 5.7% drag induced on it
IBIT has higher returns than BITO over literally every timeframe
Keep a maximum in CHF, Dollar forecast is 0.75 this is another 8% downside, going 50% S&P as a swiss adds this risk to the others like mag 7 concentration. Also calculate your income tax and see if the 3-4% yield of a direct property investment + less tax isn’t favorable and it’s also a stable non security related anchor in your investment. For gold it’s probably even more efficent to just get vreneli and a small safe at home. Blackrock and JP Morgan have funds in CHF or often Ireland based and in CHF. If you want to invest some time you go for the large caps and covered calls, most swiss stocks trade in a range. Also make use of an access to nach fonds being able to get stuff like BITO, ULTY and CHPY is a huge advantage. Also check for taxes if it’s getting a substantiel part of your annual revenue.
MSTR short squeeze inc. Institionals tried to crater BTC (and probably make back room deals to buy off market at the same tine), but it won't fall below 100k. I'm all in MSTX and BITO calls. Prepare for loss porn or lambo.
I have some BITO, only because it has a pretty nice monthly dividend
IBIT and BITO have options chains
Yeah, BITO's 53% yield sounds wild—it's mostly from futures roll yields in contango, but volatility can tank it fast. \- Often includes return of capital, messing with taxes. \- Unlikely to sustain if markets shift to backwardation. \- High expense ratio eats in. For liquidity without selling BTC, borrowing platforms like [borrow.satsterminal.com](http://borrow.satsterminal.com) might work. Thoughts?
What is a good ETF? I put some on BITO, any good ones? Thanks
Is this sarcasm? Or are you genuinely confused as to which is the better purchase MSTY & ULTY vs BITO & FBTC?
This would only work for a month when BITO goes up, yes?
Look into $BITO pays avg $0.80/shares div per month
Oh damn..prob have hold them. Have 1000s shares spread BITO gpiq jepi tspy. Build div port.
BITO, nothing I'm sad to lose
anybody fucking with BITO?
Anyone else following BITO has paid over 50% dividend a month
SPYI, QQQI, and BITO in order from most to least allocation
Nobody knows... You really need a crystal ball in order to figure that out, BITO is sensitive to Bitcoin price.
I just took my acorns account and rolled it into my fidelity account. Is any of this redundant? Should I look to sell some and invest in others? I'm mainly looking at long-term/retirement. GOOGL - 29.51% VTV - 21.58% OHI - 14.28% O - 8.48% VTI - 7.61% SCHD - 6.81% VOO - 5.79% IXUS - 3.93% IJH - 0.95% BITO - 0.49%
You're right that BITO's price isn't perfectly correlated with BTC. This is because of the futures contracts. There are costs associated with "rolling" these contracts from one month to the next (this is often called contango or roll yield). Over the long term, these costs can cause BITO to underperform spot BTC.
BITO has a very good total return over SPY in the last 3 years. But thats also because Bitcoin has been going up. I feel like its worth being part of a portfolio for BTC exposure. [ProShares Bitcoin ETF (BITO) Stock Price Chart | Seeking Alpha](https://seekingalpha.com/symbol/BITO/charting?interval=3Y&metric=totalReturn)
I’m one of those inexperienced investors who’s quite happy with BITO’s monthly distributions derived from its trading in BTC futures.
I have trades I will roll and trades I won't, depending on why I'm in the trade and what the benefit of rolling looks like to me, but I avoid rolling spreads at all costs. I hate it. You usually either have to pay a debit, widen the spread, or both, and the new trade is usually an unfavorable fixed-risk trade. No thanks. I've been rolling a slightly ITM BITO put for a couple of months now because I'm happy with the premium I keep collecting and I don't mind if it gets assigned. My spreads, though... I just take the loss and re-center my trade.
Some1 give me the drop on the next stock, might buy velo. I have notinggg. Currently investing in NVDA, SPY, and BITO.
Decent strategy. But I like monthly dividend paying ETFs. Curve balls are like BITO,YBIT. They are risky but with like 2.5k on each. $100 a month almost 98% guaranteed on each. From there a more secured option is BTCI…pays around the same as VOO monthly because again..bitcoin related. Invest a lot heavier because it’s a lot safer. Last time owning almost 180+ shares it gave $283 that month alone. I had to unfortunately sell since I changed investing strategy. For fast gains…putting a lot more money than I was comfortable having out there. I like a pile for unexpected expenses and all. So I met my goal and now I can invest on my next paycheck as much as my heart desires. $800-1k per paycheck. I am looking for the four towers of high yield dividend ETFs and stocks to push a strong money supply out of my investments early on. Then with my constant 2x a month investments of my own money to then start buying the good stuff easier with all the generated income. I stopped but this year I clocked in 1k in dividends with very low money in. 95% -SPYI -BTCI -JEPQ/QQQI -JEPI/O 5% MISC. -crypto: XRP,HEDERA,AVAX -weekly paying ETFs -curve balls: XOEF(dividend payments have not been announced for it being soo new to the market), calls, penny stocks with some DD. -crypto futures: BITO, BTCH. BTCH is two years old but does one payment of $20 a year…buy some 50 shares at some point and see if I get $1k Christmas gifts every year.
Funny how the YouTube people talk up MSTY & ULTY. Yet Forbes who are much smarter than most if not all the YouTubers says BITO. Gee I wonder which to buy
ULTY uses 100% ROC at times. That why it’s not going up. BITO goes up and down like normal. Most YieldMax just go down on share price
Seriously. I've seen so many people spouting about UTLY like it's this genius, unknown strategy. Do the math on where you'd be if you bought when the ETF first started trading, and collected dividends. Spoiler: you'd be down. BITO is similar, but tracks Bitcoin futures, so if you can catch a good bottom right before a big run up in BTC, you can come out ahead nicely on the dividends AND the underlying, but again, you need to time that really well, as the underlying trends down overall in those high yield ETFs.
BITO divvy just hit 🤌🤌🤌🤌
Or just buy IBIT, BITO, or any of the many ETFs that exist already?
Can't get enough of these BITO divs
Use IBIT/BITO.
Everyone should note BITO has had a very stable price over the last few years and continues to yield about 50% even though the dividend is down since 2024! As long as BITO can continue trading Bitcoin, I beleive the BITO dividends will continue. I have a very detailed BITO yield projection spreadsheet I would be happy to share with your email. My strategy uses the DRIP program so even wtih lower dividends, the strategy still performs becasue you buy new shares at a lower price but yield still stays high. The risk is BITO can no longer trade Bitcoin! Minimal risk!! Bob D