ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) gives traders 2x daily exposure to the Bloomberg Bitcoin Index through swaps, with a 0.98% expense ratio. The appeal is simple: when Bitcoin moves, BITU moves twice…
Austin Smith ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) promises double the daily move of Bitcoin, and right now that means double the chaos. The fund collapsed through January and early February, with 44% losses over…
Michael Williams The ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) launched in April 2024 promising twice Bitcoin’s daily return. That sounded appealing when Bitcoin climbed toward $105,000 in November 2025. But as Bitcoin fell below $88,000,…