ProShares Bitcoin & Ether Market Cap Weight ETFProShares Bitcoin & Ether Market Cap Weight ETFProShares Bitcoin & Ether Market Cap Weight ETF

ProShares Bitcoin & Ether Market Cap Weight ETF

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Key stats


Assets under management (AUM)
‪18.53 M‬USD
Fund flows (1Y)
‪7.23 M‬USD
Dividend yield (indicated)
24.71%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪230.00 K‬
Expense ratio
0.95%

About ProShares Bitcoin & Ether Market Cap Weight ETF


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Oct 2, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74349Y3080
BETH is designed to provide managed exposure to the two most well-known digital assets, bitcoin and ether. It does so by investing in USD cash-settled, front-month CME bitcoin and ether futures contracts while also considering back-month contracts. The fund utilizes a market cap-weighted strategy and allocates its assets to both the cryptocurrencies in proportion to their market capitalization. Investments are made through a Cayman Islands subsidiary, capped at 25% at each quarter end. Other securities, including reverse purchase agreements may also be utilized in certain circumstances to maintain the funds desired level of exposure to assets. The bitcoin and ether future contracts are rolled each month, as they near expiration, and are cash settled based upon the CME CF Bitcoin-Dollar Reference Rate and CME CF Ether-Dollar Reference Rate, respectively. Prior to Sept. 27, 2024, the fund name was Proshares Bitcoin & Ether Market Cap Weighted Strategy ETF.

Broaden your horizons with more funds linked to BETH via country, focus, and more.

Classification


Asset Class
Currency
Category
Basket
Focus
Long cryptocurrency basket, short USD
Niche
Derivative
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Fixed
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BETH trades at 82.43 USD today, its price has risen 1.67% in the past 24 hours. Track more dynamics on BETH price chart.
BETH net asset value is 81.55 today — it's fallen 1.47% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BETH assets under management is ‪18.53 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BETH price has fallen by −8.35% over the last month, and its yearly performance shows a 49.01% increase. See more dynamics on BETH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.47% over the last month, have fallen by −1.47% over the last month, showed a 10.28% increase in three-month performance and has increased by 84.67% in a year.
BETH fund flows account for ‪7.23 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BETH expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BETH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BETH technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BETH shows the buy signal. See more of BETH technicals for a more comprehensive analysis.
Yes, BETH pays dividends to its holders with the dividend yield of 24.71%.
BETH trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BETH shares are issued by ProShare Advisors LLC
BETH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 2, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.