ProShares - Bitcoin & Ether Equal Weight ETF
$41.26−1.15 (−2.72%)
- Expense ratio
- 0.95%
- Fund size
- $10M
- 1Y return
- −30.5%
- Yield · Last 12 months
- 33.78%
- Holdings
- 3
- Volume · 30D
- 0M sh
- NAV per share
- $42.61
- 52W range
The ETF.net BETE Grade
Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 82Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 52Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on BETE
BBitcoin and ether, split down the middle, in one ordinary ETF wrapper. BETE gets there through futures rather than owning coins, and rebalances back to even so one side can't quietly take over.
The Fund seeks to track the performance of an equal-weight basket of bitcoin and ether, primarily through futures contracts rather than direct holdings of either asset.
Why people hold it
- Two coins, one ticker. The equal-weight basket keeps bitcoin and ether at the same starting weight, so ether isn't dwarfed by the bigger asset.proshares.com
- 0.95% expense ratio, below the typical fee among crypto-derivative ETFs.
- A registered 1940 Act fund that trades in a normal brokerage account. No exchange logins, no wallets, no keys. Distributions come monthly.
- Sits in the upper half of its crypto-derivatives peer group on our review, alongside its ProShares siblings.
Worth knowing
- Futures, not coins. The fund holds contracts and rolls them, so its path can separate from spot bitcoin and ether prices over time.proshares.com
- A small fund that doesn't trade heavily. Spreads can be wide, which makes limit orders the sane default.
- Equal weight is a choice, not a neutral one. Sibling fund BETH runs the same two assets at market-cap weight for the same fee.
BETE Holdings
- Other
- 3
- 100%
- Net Other Assets (Liabilities)
BETE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BETE |
|---|---|
| Year to date | −7.1% |
| 1 month | +12.5% |
| 3 months | +44.7% |
| 1 year | −30.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BETE |
|---|---|---|
| 2026 YTD | −7.1% | |
| 2025 | −6.7% | |
| 2024 | +66.1% | |
| 2023 | +40.2% |
BETE in the news
ETF.net Research hasn’t filed on BETE yet — coverage lands here as it’s written.
BETE Dividends
- 33.78%
- $14.33
- $0.04 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.04 |
| Aug 3, 2026 | Aug 7, 2026 | $0.02 |
| Jul 1, 2026 | Jul 8, 2026 | $0.03 |
| Jun 1, 2026 | Jun 5, 2026 | $0.04 |
| May 1, 2026 | May 7, 2026 | $0.02 |
| Apr 1, 2026 | Apr 8, 2026 | $0.03 |
| Mar 2, 2026 | Mar 6, 2026 | $0.05 |
| Feb 2, 2026 | Feb 6, 2026 | $0.01 |
| Dec 24, 2025 | Dec 31, 2025 | $3.56 |
| Dec 1, 2025 | Dec 5, 2025 | $3.71 |
| Nov 3, 2025 | Nov 7, 2025 | $3.73 |
| Oct 1, 2025 | Oct 7, 2025 | $3.09 |
BETE Risk
- 60.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.48
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −61.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BETE Cost
- The middle half of Crypto Derivatives funds
- Median 1.08%
No Crypto Derivatives fund charges less.