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$ProShares Bitcoin ETF (BITO.US)$ lousy etf. Little dividend...

$ProShares Bitcoin ETF (BITO.US)$ lousy etf. Little dividend payout despite higher bitcoin prices. I think fund manager may be losing money by shorting bitcoin futures.
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  • Agent Smith 404 : Watch closely how they play with the dividend yield too.
    Right now it's around 50%. A few days after dividend payout they'll jack it up to 60-70% again in an attempt to draw in more buyers. Then at the end of the month they'll dump the dividend yield back down to 40-50%.

  • Ben329 : I'm wondering why I somehow am losing money when Bitcoin returns to before the dip values and still down. going to hold for a little longer before I decide to sell.

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