BITO ProShares Bitcoin ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 12-month channel falling
Price is between the lines.
- 2-year channel
- US$7.18 – US$11.22 · falling, −21% a year
- 12-month channel read from
- US$7.26 – US$11.41 · falling, −22% a year
- Price in channel
- 72% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$11.22
- Turns bearish below
- US$7.26
What broke this trend
- The fall
- -54% from US$17.476 Oct 2025 → 30 June 2026
- Whose problem it was
- This company7 of 49 Asset Management peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 24%of what it lost
- What the record says
- 45% of 42 comparable falls came back, typically in 126 days measured on its own peer group
Fell -54% (6 Oct 2025 → 30 June 2026); regained 24% so far; company-specific.
Price history, with the path projected 3 months forward
Updated 2:55 PM ET (45 h ago)
- Daily close
- Upper trend line (2 years)
- Lower trend line (2 years)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$10.24
last close · 30 Oct 2026
Our target
US$11.20
by 2 Dec 2026
Projected move
9.4%
gross, before costs
Last close is our buy.
Target: BITO's usual move size.
This move size: reached in 45% of 8 past stretches, typically in 18 days. (0.33% per day)
- Upper line touches
- 3
- Lower line touches
- 6
- Fit confidence
- 38%
- Fitted
- 1 Nov 2026
Company information
About ProShares Bitcoin ETF
The Fund seeks capital appreciation. There can be no assurance that the Fund will achieve its investment objective. The Fund seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The Fund does not invest directly in bitcoin and may also invest in other instruments.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Michael L. Sapir
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$2.22B
- Enterprise value
- —
- Beta
- 1.74
- Avg volume
- 172.16M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 7.87-19.14
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.