The ProShares Bitcoin Strategy ETF (BITO) offers investors a unique opportunity to gain exposure to Bitcoin through a conventional investment vehicle. This ETF is particularly attractive for income-focused investors due to its substantial dividend yield. As of July 2024, BITO boasts an impressive dividend yield of 37.15%, having paid out a total of $8.06 per share over the past year.
BITO stands out by providing monthly dividends, making it an excellent choice for those seeking regular income. The ETF's recent dividend history showcases consistent payouts, reflecting its strong performance and commitment to delivering value to its shareholders. Below is a table detailing BITO's dividends this year:
This high yield and frequent payout schedule make BITO an attractive option for investors looking to benefit from Bitcoin's potential through a more traditional investment mechanism.
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DISCLOSURE: The writer of this article is holding an investment in $BITO at the time of writing this article.
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