ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 110 shares, a decrease of 76.7% from the October 15th total of 472 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 481 shares, the days-to-cover ratio is currently 0.2 days.
ProShares Bitcoin & Ether Market Cap Weight ETF Stock Performance
NYSEARCA BETH opened at $38.86 on Thursday. The firm has a 50-day moving average of $44.40 and a 200-day moving average of $40.52. ProShares Bitcoin & Ether Market Cap Weight ETF has a 52-week low of $31.89 and a 52-week high of $68.18.
ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile
The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.
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