ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) Trading Up 1.8% – Here’s What Happened

Posted by Defense World Staff on Mar 12th, 2026

Shares of ProShares Ultra Bitcoin ETF (NYSEARCA:BITU – Get Free Report) were up 1.8% during mid-day trading on Wednesday . The stock traded as high as $13.11 and last traded at $12.86. Approximately 3,729,830 shares were traded during trading, a decline of 39% from the average daily volume of 6,112,062 shares. The stock had previously closed at $12.63.

ProShares Ultra Bitcoin ETF Stock Performance

The company has a 50 day moving average of $17.41 and a 200-day moving average of $33.78.

ProShares Ultra Bitcoin ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a $0.0234 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC raised its stake in ProShares Ultra Bitcoin ETF by 16.0% during the first quarter. NewEdge Advisors LLC now owns 38,817 shares of the company’s stock worth $1,292,000 after acquiring an additional 5,355 shares during the period. EverSource Wealth Advisors LLC boosted its stake in ProShares Ultra Bitcoin ETF by 29.5% in the second quarter. EverSource Wealth Advisors LLC now owns 25,007 shares of the company’s stock valued at $1,294,000 after acquiring an additional 5,692 shares during the period. Flow Traders U.S. LLC acquired a new position in ProShares Ultra Bitcoin ETF in the second quarter valued at approximately $625,000. Q Fund Management Hong Kong Ltd bought a new position in shares of ProShares Ultra Bitcoin ETF during the second quarter valued at approximately $15,380,000. Finally, Orion Porfolio Solutions LLC acquired a new stake in shares of ProShares Ultra Bitcoin ETF during the 2nd quarter worth approximately $390,000.

ProShares Ultra Bitcoin ETF Company Profile

(Get Free Report)

The ProShares UltraBitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.