ProShares Bitcoin ETF Declares $0.017381 Monthly Distribution

ProShares, a well-established financial services company, has announced that its Bitcoin ETF (BITO) will pay out a monthly distribution of $0.017381 per share.

The distribution is payable on October 7 to shareholders who are recorded as such by October 1. The ex-dividend date for BITO shares is also October 1.

Notably, the 30-day SEC Yield for BITO as of August 31 was 0.31%, providing some context for investors regarding the ETF's current yield.