ProShares Bitcoin ETF Stock Discussion

SKYWalkers : there should be a few phases:
1. FOMO phase before inauguration
2. sell off phase before inauguration
3. consolidation phase after inauguration
4. asset accumulation phase within 12 months after inauguration
5. 2nd year is a bit unclear, depends on 1st year's economic results

I Am 102927471 :

Kyle Goebel : reverse split

i short the sheriff : nahhh...other btc trust fund are also down as at now. it's just timing differences

i short the sheriff : don't forget : bito distributes dividends every month, on ex date usually its price was adjusted. if you add up the dividends, it actually is a good investment, at least in the past 3 months

Moo1999 OP i short the sheriff : So true, dividend makes the difference. Last time bitcoin was around $75000, BITO was around $25. Now  Bitcoin is 76000, but BITO is having difficulty getting back to  $21 during this up period.

i short the sheriff : should have not sold it at any price man... it has consistently given generous dividends every month. btw are you telling the truth man..? i feel very sorry..

JennyLeitch : I don't think it has ever been $24