This Bitcoin ETF Yields 52% On Top Of Big Gains

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The S&P 500's return this year looks impressive — until you look at bitcoin's 145% gain to above $100,000. And investors are turning to bitcoin ETFs to cash in on the cryptocurrency's run. ↑ X ...

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And investors are turning to bitcoin ETFs to cash in on the cryptocurrency's run.\n\n\n\n↑\nX\n\n\n\n\n...</p>\n\n<a href=\"https://www.investors.com/etfs-and-funds/etfs/bitcoin-etf-yields-52-on-top-of-big-gains/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Bitcoin ETF Yields 52% On Top Of Big Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Bitcoin ETF Yields 52% On Top Of Big Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/etfs-and-funds/etfs/bitcoin-etf-yields-52-on-top-of-big-gains/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500's return this year looks impressive — until you look at bitcoin's 145% gain to above $100,000. And investors are turning to bitcoin ETFs to cash in on the cryptocurrency's run.\n\n\n\n↑\nX\n\n\n\n\n...</p>\n\n<a href=\"https://www.investors.com/etfs-and-funds/etfs/bitcoin-etf-yields-52-on-top-of-big-gains/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1611","symbol_name":"加密货币现货ETF","start_time":0,"source_url":"https://www.investors.com/etfs-and-funds/etfs/bitcoin-etf-yields-52-on-top-of-big-gains/","article_id":"2490389501","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2017/12/stock-bitcoin-17-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490389501","pubTimestamp":1734008418,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The S&P 500's return this year looks impressive — until you look at bitcoin's 145% gain above $100,000. 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And investors are turning to bitcoin ETFs to cash in on the cryptocurrency's run.\n\n\n\n↑\nX\n\n\n\n\nFirst Bitcoin ETFs Hit The Market: What You Need To Know\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nFirst Bitcoin ETFs Hit The Market: What You Need To Know\n\n\n\n\nShares of the largest of these ETFs are up an average 114% since February — the first full month most of the funds had been trading. But while it's tempting to treat all the bitcoin ETFs the same, as they're all basically tracking the same asset, they have important distinctions.\nOne futures-based ETF, ProShares Bitcoin (BITO), even yields 52.3%. That's a big difference from most of the spot-price bitcoin ETFs that yield nothing. But it's another reminder of how investors are still looking for the best ways to play cryptocurrency.\n\"We believe many advisors and investors that have access to bitcoin via ETFs do so as a small low-single-digit percentage of the portfolio in a risk-on manner,\" said Todd Rosenbluth, head of research at TMX Vetta Fi. \"However many people have remained on the sidelines perhaps waiting for a better entry point or a way to access without the same volatility.\"\n\nBitcoin ETF Winners By Assets\nWhich such ETFs are winning over the most investors during this year's boom?\niShares Bitcoin Trust (IBIT) emerged as the big victor. It's now the largest, by far, with $51.1 billion in assets, says ETFDB.com.\nBut Fidelity is making a solid run, too. Its Fidelity Wise Origin Bitcoin Fund (FBTC) grabbed roughly $20 billion in assets. Both the Fidelity and iShares Bitcoin ETFs are up 138% this year since February. That tops the 113% gain by the $20 billion Grayscale Bitcoin Trust (GBTC).\nGrayscale Bitcoin, though, converted its preexisting futures-based trust into a spot price-based ETF. As a result, it paid a yield of 7.7%.\nHigh-Yield Bitcoin ETF?\nMost investors prefer the spot-price ETFs. But use of futures contracts has its perk: Sky-high yields.\nThe ProShares Bitcoin ETF's 52% yield is the best example. \"For tax purposes, each fund recognizes any net income of its subsidiary, including gains on such futures contracts or swap agreements in which its subsidiary invests, as an ordinary dividend on the final day of the subsidiary's tax year,\" says ProShares' website.\nBut that yield may not be an asset. It comes at a price. Rather than being up 138% since February like the spot-price bitcoin ETFs, ProShares Bitcoin is up just 28%. Keep in mind, too, the dividends may trigger a taxable event for some investors.\n\"Bitcoin futures based ETFs have moved out of focus for many investors,\" Rosenbluth said. \"They were initially the best way to access the price of bitcoin in ETF wrapper. However BITO has seen net outflows since the middle of January.\"\nBitcoin ETFs Drop Off Fast\nFollowing the iShares and Fidelity funds, the ETFs drop off fast. Even ARK Invest's ARK 21Shares Bitcoin ETF (ARKB) lured less than $5 billion in assets. VanEck Bitcoin ETF (HODL) drew in barely more than $1 billion. And those are still big enough to be considered successful. Franklin Bitcoin (EZBC) lured less than $800 million.\n\"A strong ETF brand with broader distribution has helped in a crowded market,\" Rosenbluth said.\nLargest Bitcoin ETFs\n\n\n\nETF\nSymbol\nAssets ($ billions)\n% ch. since Feb. 2024\nYield %\n\n\n\n\niShares Bitcoin Trust\nIBIT\n$51.1\n138.4%\n0%\n\n\nGrayscale Bitcoin Trust (BTC)\nGBTC\n20.4\n112.6%\n7.72\n\n\nFidelity Wise Origin Bitcoin\nFBTC\n19.7\n138.8%\n0\n\n\nARK 21Shares Bitcoin\nARKB\n4.6\n138.7%\n0\n\n\nBitwise Bitcoin\nBITB\n3.9\n138.5%\n0\n\n\nProShares Bitcoin\nBITO\n2.5\n27.5%\n52.27\n\n\n2x Bitcoin Strategy\nBITX\n2\n193.1%\n8.53\n\n\nARK Next Generation Internet\nARKW\n1.9\n68.5%\n0\n\n\nVanEck Bitcoin\nHODL\n1.3\n138.5%\n0\n\n\nCoinshares Valkyrie Bitcoin Fund\nBRRR\n0.9\n139.0%\n0\n\n\n\nSources: ETFDB, S&P Global Market Intelligence, IBD\nFollow Matt Krantz on X (Twitter) @mattkrantz\n\n\n\nYOU MAY ALSO LIKE:\nNvidia Owns 4 Stocks — One Is Doing Even Better Than It Is\nVanguard Is Paying 4.7% Risk-Free — But Only If You Do This\n\nLearn How To Time The Market With IBD's ETF Market Strategy\n\nFind Today's Best Growth Stocks To Watch With IBD 50\nJoin IBD Live Each Morning For Stock Tips Before The Open","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490389501"}