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ProShares BITO paid a 69.88% trailing yield via futures rolling, not Bitcoin. Learn the tax drag and performance gap vs spot ETFs.
The ProShares Bitcoin Strategy ETF (BITO) distributed a 69.88% trailing 12-month yield as of May 31, 2026, a figure derived entirely from rolling futures contracts rather than holding the underlying asset [2]. This payout mechanism, required by tax regulations for regulated investment companies, creates a distinct risk profile involving tax drag and tracking error compared to spot Bitcoin ETFs [1][2].
| At a glance | |
|---|---|
| Trailing Yield | 69.88% (as of May 31, 2026) [2] |
| 5-Year Performance | -27.2% (vs Spot BTC -7.0%) [2] |
| Expense Ratio | 0.95% [2] |
| Catalyst | Futures rolling strategy [2] |
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Jul 4, 2026 · How we report
Bitcoin Cash forked from Bitcoin on 1 August 2017 at block 478,559.
The larger block size was intended to allow more transactions per second and support its use as a medium of exchange.
Payment services such as PayPal, Venmo, BitPay, Robinhood, Revolut, and Coinbase support Bitcoin Cash.
U.S. regulators have indicated that Bitcoin Cash should be supervised as a commodity rather than a security.
Yes; it traded around $240 at launch, peaked at $4,355.62 in December 2017, and fell to about $519 by August 2018.