ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Trading Down 0.2% – What’s Next?

Posted by Casey Walker on Apr 18th, 2025

Shares of ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Get Free Report) were down 0.2% during mid-day trading on Wednesday . The company traded as low as $48.55 and last traded at $49.20. Approximately 2,327 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 2,457 shares. The stock had previously closed at $49.29.

ProShares Bitcoin & Ether Equal Weight ETF Price Performance

The company has a 50-day moving average price of $56.76 and a 200-day moving average price of $69.15.

Hedge Funds Weigh In On ProShares Bitcoin & Ether Equal Weight ETF

A hedge fund recently bought a new stake in ProShares Bitcoin & Ether Equal Weight ETF stock. Jane Street Group LLC purchased a new stake in ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,471 shares of the company’s stock, valued at approximately $1,075,000. Jane Street Group LLC owned 19.24% of ProShares Bitcoin & Ether Equal Weight ETF as of its most recent SEC filing.

ProShares Bitcoin & Ether Equal Weight ETF Company Profile

(Get Free Report)

The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether.