ProShares Ultra Bitcoin ETF (BITU)
2x leveraged daily Bitcoin futures ETF (not spot/physical Bitcoin) from ProShares – seeks 2x the daily return of Bitcoin via CME futures.
Key Facts
| Issuer | ProShares |
|---|---|
| Ticker | BITU (Cboe BZX) |
| Expense Ratio | 0.95%–0.98% |
| Approx. AUM | $615M – $640M |
| Type | Leveraged 2x Daily Bitcoin Futures (not spot) |
| Inception | April 1, 2024 |
| Official Site | ProShares BITU Page |
Net Inflows & Outflows
Historical daily/weekly net flows (recent mixed with volatility; e.g., outflows in early January 2026 periods).
Performance Overview
Amplified daily returns vs. Bitcoin spot (due to 2x leverage; high volatility/compounding effects).
ESG & Sustainability Metrics
Estimated ESG ratings (limited applicability for leveraged futures products).
Pros
- Provides 2x amplified daily exposure to Bitcoin price moves
- Good liquidity and trading volume for a leveraged product
- Useful for short-term traders seeking magnified returns
- No need for direct crypto wallet/futures account
Cons
- **Not spot Bitcoin** – uses futures with daily reset/compounding decay
- High expense ratio (0.95%+) + extreme volatility
- Significant risk of loss (can exceed 2x downside)
- Not suitable for long-term holding or buy-and-hold investors
How to Buy BITU
Available on all major U.S. brokers including Fidelity, Charles Schwab, Vanguard, Robinhood, eToro, Interactive Brokers, and more. Simply search ticker BITU. **Use extreme caution** – this is a high-risk leveraged product.
Not financial advice. Leveraged ETFs like BITU involve extreme risk, including potential for total loss in short periods due to volatility, compounding, and daily resets. Investments carry high risk of principal loss. Data approximate and subject to change; always verify with official sources and understand the product before investing.