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A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market by 1.8%

The underperformance has been far lower than estimated, thanks to the bear market.

Updated Oct 20, 2022, 2:08 p.m. Published Oct 20, 2022, 11:13 a.m.
BITO underperforms bitcoin's spot price. (Arcane Research, TradingView)
BITO underperforms bitcoin's spot price. (Arcane Research, TradingView)