# BITO Bitcoin Futures ETF 69% Yield Source

**Published:** 2026-07-04T17:02:23.505Z  
**Topic:** Bitcoin%5C  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/3cf64ecc-05ef-4792-9e85-87412d2779e1

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]

## Sources
1. The Motley Fool — [How to Buy Bitcoin Futures ETF (BITO) | The Motley Fool](https://www.fool.com/investing/how-to-invest/etfs/how-to-invest-in-bito-etf/)
2. Aol — [How ProShares Bitcoin Futures ETF Has Paid a 50 Percent... - AOL](https://www.aol.com/articles/proshares-bitcoin-futures-etf-paid-155155000.html)
3. CoinDesk — [ProShares Bitcoin Futures ETF ‘BITO’ Rises in Debut](https://www.coindesk.com/business/2021/10/19/proshares-bitcoin-futures-etf-rises-3-in-debut)
4. Nerdwallet — [18 Bitcoin ETFs and Their Fees, Promotions and Holdings - NerdWallet](https://www.nerdwallet.com/article/investing/spot-bitcoin-etf)

---
Cite as: TrendWatcher, "BITO Bitcoin Futures ETF 69% Yield Source", https://www.trendwatcher.in/article/3cf64ecc-05ef-4792-9e85-87412d2779e1