ProShares UltraBitcoin ETF (BITU)
Funds & ETFs
BITU is a 2x leveraged Bitcoin ETF from ProShares that seeks daily investment results corresponding to twice the daily performance of the Bloomberg Bitcoin Index. The fund achieves leverage through derivatives including swap agreements and futures contracts rather than direct Bitcoin holdings, and is designed primarily for short-term daily trading. Due to daily rebalancing, returns for holding periods longer than one day may differ materially from the stated 2x target due to compounding effects.
Details
- Type
- Leveraged Bitcoin ETF
- Issuer
- ProShares
- Ticker
- BITU
- Exchange
- NASDAQ
- Leverage
- 2x daily
- Strategy
- 2x daily Bloomberg Bitcoin Index performance
- Fund Type
- leveraged_etf
- Derivatives
- Yes
- Expense Ratio
- 0.95%
Links
More Funds & ETFs
iShares Bitcoin Trust (IBIT)
BlackRock's spot Bitcoin ETF. Largest Bitcoin ETF by AUM with the lowest expense ratio among major Bitcoin funds.
MicroStrategy (MSTR)
Software company turned de facto Bitcoin holding company. Largest corporate Bitcoin holder with 500,000+ BTC. Trades as a leveraged Bitcoin proxy.
21Shares Bitcoin and Gold ETP (BOLD)
21Shares BOLD ETP is a unique exchange-traded product listed on the London Stock Exchange in January 2026 that combines Bitcoin and gold in a rules-based monthly rebalancing strategy, developed in partnership with ByteTree. BOLD allocates between BTC and gold based on their relative volatility, providing a single-product solution for investors seeking exposure to both hard assets. It trades on the LSE with a 0.65% annual fee.
Free Beginners Guide to Buying Bitcoin
New to Bitcoin? Get our complete beginner's guide.