BETH

ProShares Bitcoin & Ether Market Cap Weight ETF

$61.01
+0.00%
Market closed. Last update: 11:59 AM ET

📎 Investment Objective

The ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P Bitcoin & Ether Market Cap Weight Index.

Overview

ETF tracking ProShares Bitcoin & Ether Market Cap Weight ETF

Category Innovation
Issuer ProShares
Inception Date 2023-10-02
Market Cap $14.0M
Average Volume N/A
Dividend Yield 39.10%
52-Week Range $59.69 - $99.95
VWAP $61.95

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P Bitcoin & Ether Market Cap Weight Index.

🎯 Investment Strategy

The ETF invests in Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, in proportion to their relative market caps. The fund aims to track the performance of this index, which is designed to measure the combined performance of Bitcoin and Ether.

✨ Key Features

  • Provides exposure to the two largest cryptocurrencies, Bitcoin and Ether, in a single fund
  • Utilizes a market cap-weighted approach to determine the allocation between the two assets
  • Aims to track the performance of the S&P Bitcoin & Ether Market Cap Weight Index
  • Launched in 2022, making it one of the newer cryptocurrency-focused ETFs

⚠️ Primary Risks

  • Cryptocurrency market risk: The value of the fund's holdings can be highly volatile and subject to market fluctuations
  • Regulatory risk: Cryptocurrencies are a relatively new asset class, and the regulatory environment continues to evolve
  • Liquidity risk: The cryptocurrency market can experience periods of low trading volume, which may impact the fund's ability to buy or sell positions
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the two largest cryptocurrencies as part of a diversified portfolio. Investors should be aware of the significant volatility and risks associated with the cryptocurrency market.