BITO

ProShares - Bitcoin ETF

Fundamental data last updated:September 3, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Financial Services

industry

Asset Management - Cryptocurrency

Exchange

AMEX

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

BITO is the first ETF to target the performance of bitcoin.

 


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VALUATION

P/E

N/A

Market Cap ($M USD)

$1.83B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

N/A

PRICE TO BOOK

N/A

EV / EBITDA

N/A

5-Year Average P/E

Free Cash Flow Yield

N/A

DCF Value

N/A

Graham Number

N/A

Price to FCF

N/A

EV to FCF

N/A

Earnings Yield

N/A

FCF Yield

N/A

DIVIDEND

Yield

N/A

Annual Payout

N/A

Payout Ratio

N/A

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

N/A

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

N/A

FREE CASH FLOW

Operating Margin

N/A

Debt-to-Equity

N/A

Piotroski F-Score

N/A

Altman Z-Score

N/A

Return on Invested Capital (ROIC)

N/A

Current Ratio

N/A

Quick Ratio

N/A

Net Debt to EBITDA

N/A

Interest Coverage

N/A

Gross Profit margin

N/A

FCF PER SHARE

N/A

REVENUE PER SHARE

N/A

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Gainseekers Quantitative Analysis

Summary

BITO ProShares – Bitcoin ETF presents a perplexing valuation scenario. With no discernible Price/Earnings or Forward P/E ratios, the market seems to be flying blind, relying heavily on speculative sentiment rather than fundamental metrics. The absence of a DCF Value and Graham Number further clouds the picture, leaving investors without a clear benchmark for intrinsic value. The high 1-Year Beta of 1.7367651 suggests significant volatility, which could either be a boon or a bane depending on market conditions. Without an Altman Z-score, assessing financial distress is challenging, making this a high-risk play for those seeking safety and growth.

AI Exposure / Tech Reliance

In the rapidly evolving world of cryptocurrency asset management, BITO is uniquely positioned to leverage AI and tech advancements. As the industry embraces blockchain and decentralized finance, the potential for integrating AI-driven analytics and trading strategies could enhance operational efficiency. However, the lack of concrete financial metrics makes it difficult to gauge their current adaptability.

The Bull Case

For the optimistic investor, BITO offers a speculative play on the future of digital assets. While traditional metrics like ROIC, FCF Yield, and Piotroski F-Score are missing, the ETF's focus on cryptocurrency could appeal to those betting on the long-term adoption of digital currencies. The significant distance from its 52-week high suggests potential upside if the market turns bullish on crypto assets. This could be a strategic entry point for those with a high-risk tolerance.

The Bear Case

The bear case for BITO is glaringly evident in its technical overextension. Trading well below its 200-Day SMA, the ETF appears to be in a downtrend, raising concerns about its momentum. The lack of earnings, cash flow metrics, and profitability ratios leaves investors in the dark about its financial health. Without these critical indicators, the ETF's valuation seems speculative at best, making it a risky proposition for conservative investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.74

Insider Buying % (6 Mo)

Distance to 52-Week High

134.67%

Distance to 52-Week Low

13.99%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$10.26

200-DAY SMA

$13.83

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.