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Should you buy Bito (Bito)?

BITO currently has a -0.10% discount to NAV and typically maintains a tiny margin of premium or discount to NAV because it utilizes Bitcoin futures contracts. By opting for BITO, ARK Invest appears to be seeking a degree of risk mitigation.

What is the GBTC discount to Nav?

From about -40% discount to NAV a year ago and -20% in October, the current discount is around -7%. As the timeline for approval for a spot Bitcoin ETF draws near, and in anticipation that the GBTC fund could get approval for conversion to spot Bitcoin ETF, the GBTC discount to NAV has continued to narrow.

Does Bito invest in Bitcoin?

More.. BITO invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns. You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

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