ProShares Bitcoin Strategy ETF (BITO)

[Chartmaster]

Own 10 Dec 25 calls here! Bitcoin will be on fire till eoy

[TechandBio]

Getting ready for a June 30's 2025 call spread bet soon.

$BITO

[TechandBio]

$ICCM kills cancer with cryoblast literally cures early stage breast cancer!

[TechandBio]

Made some serious cash on BITO calls earlier this year 500%+ Nice dividend they offer. The best mechanism is just to buy actual Bitcoin. But if you don't want to deal with a crypto exchange BITO is fine.
$BITO

[rayf]

This is the stock of the century with a $1.68 monthly paid dividend no brainer

[skydog526]

BITO IS A SELL! $$

[skydog526]

BITO is a BUY!

[Chartmaster]

BITO Island Reversal today!!!!

[Mikey]

lol apparently not today

[skydog526]

Bitcoin going to F'n bounce wtf?

[Mikey]

Gotta be a pony in here, somewhere..........this is a buy!!!

[1hot toddy]

jan 17 26

[Mikey]

ohhhhhhhh sweeeeet.......what expiry?

[1hot toddy]

gotcha. i got the 25 and 30 strikes

[Mikey]

Toddy........thats April 26 calls 35strike

[1hot toddy]

Didn't know 4/26. I got 1/26. Only thing against us is in September maybe another eft option from another co. Beautiful thing is we gain for two years

[Mikey]

Picking up BITO options dated 4/26

[tjpierc1]

100 shares in the grey and red are absolutely hammering it will very little green. Love the grey area it’s just up in the air lol complete BS

[TheFinalCD]

BITO 22.57

[boo boo]

GAPS to Phil. I'll be moving more in over time. Follow the $$$. Free trades on my brokerage account. Grayscale still charging!

[TheFinalCD]

$BITO $19'S

[jablome]

in at 14.07

[jablome]

[jablome]

lookn to buy 02Aug23

[Bman1]

Time for the big dip!

[FlipFlopopotamus]

Moon time

[ed3/6me]

how many people are getting on the bitcoin is dead bandwagon? seems like when it finally gets accepted people say its over.

[MaddAussi]

Happened into this this morning… rolled out of RRD and GE into this and POW! Nice move.

I listened to Michael Saylor on Tucker Carlson today and he convinced me

[gr8investment]

Puts

[ed3/6me]

soon will jump in with both feet!

[KICK1]

Ok sweet! Thanks, I’m going to join you ASAP

[ed3/6me]

yes btcfx

[KICK1]

Hey, Wow! Congrats and thanks for the heads up on that… I will def jump in as I see the initial investment requires a minimum of $1K… Great Timing And Cheers!

[ed3/6me]

anyone get into the mutual fund for bitcoin? i am up 48% in a month

[KICK1]

Rockin This Too $BITO

[rayank]

Hi all. I am in since day 1, but I didn't see this board till now.
Both my wife of 55 years and I are 74 years old, and I invest in mostly INCOME paying ETF's and 2 that I have are also options based, and I have had them for 3 or more years, so this intrigued me.
I am in, but with only a small percentage of my holdings.
I have had almost every other Bitcoin related stock and ETF before:
BLOK, DAPP, BITQ, RIOT, MARA, BTBT, BITF, HUT, and COIN.
I hope this does well for us all?
Ray

[CoalDuster]

Valkerie's ETF-BTF too! Another coming out from Greyscale soon!

[tmonkey]

took some on the dip today as well as the new one out today----will add both on weakness---------tmonkey

[tw0122]

PlanB’s predictions very accurate: October $63,000, November $98,000, December $135,000…
There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K PlanB’s prediction proved to be incredibly accurate, being less than 1% off of its targets in both months. September, for example, closed with bitcoin trading at $43,150. PlanB’s bitcoin price predictions are based on on-chain metrics and his stock-to-flow model.

The Stock-to-flow (S2F) model is a ratio between the amount of bitcoin in circulation (stock) with its production (flow) to measure its abundance and predict its future price. Bitcoin’s stock is limited to 21 million, and its flow halves every four years in events known as halvenings.

PlanB’s prediction sees the cryptocurrency move to $63,000 this month to get close to its previous all-time high of $64,000 seen in April. By November, the cryptocurrency would trade at $98,000, and only in December does his prediction see it break six figures to move to $135,000.

As CryptoGlobe reported Bobby Lee, a cryptocurrency industry veteran who co-founded the BTCC exchange and is the brother of Litecoin creator Charlie Lee, has revealed during an interview he expects bitcoin to see a rally driven by fear of missing out (FOMO) by the end of the year that will take its price above the $100,000 mark.
Cryptoglobe.com

[DCALongRun]

If this tracks bitcoin looks like it is 1/1500 of bitcoin price.

BTC at 60K --> 40
BTC at 30K --> 20
BTC at 20K --> 13.3333
BTC at 10K --> 6.66 (Ironically lol).

[DCALongRun]

The first few weeks will be dominated by scalp traders imho. Longer term players will kick in after a few months (3 months). Bitcoin did have a double top recently. Many sell double tops. There is a debate going on if this is a temporary selloff to go on higher or a selloff that will be down for a years. Many are waiting on the sidelines to see before they jump in.

The big question is the US dollar. If inflation continues to go up, this will probably go up. I see gas at 7.59 for regular and 8.50 for premium. In Gorda, CA.

You make some good points it would be nice to see an index etf of cryptos.

[pappi]

May it go high and prosper for the holders. I'm not inclined to get into an ETF that only deals in single crypto. I wonder if there'll be an ETF in the crypo-currency sector itself somehow.

but thanks DCA...
-p

[Pstats]

Will this see 100$ before end of year ?

[DCALongRun]

Very interesting etf. It will be interesting to see how people use this. Some are buying puts against already. Others are buying and holding.

Some of the eft's like uvxy always have reverse splits.

[pappi]

Wandered through the prospectus...I'm not seeing that this ETF goes beyond bitcoin for futures - no other cryptocurrency futures investing space seems allowed. I think I'd be interested if it was taking on this market sector more broadly than just bit.

- views on this point??

-p

[Guccimayne]

Meme stocks gonna come in here and make a point $10,000++++++

[Guccimayne]

Btc owner gonna make a point and drive this to $10,000 +

[CoalDuster]

Alright, I'm here!

[BoilerRoom]

$BITO $75.00 target

[BoilerRoom]

$BITO