HOW (BITO) ProShares Bitcoin Strategy ETF Pays a 50% Monthly Dividend Yield 

Haha I’m glad, that’s true, sometimes you watch a stock and try to think about what it returns but you don’t really experience it till your in it for yourself. I wish the best, I’ll let you know if I buy some.

I hope you held since that div is now up to $1.68 per share now. I jumped in a couple weeks ago. Bito to the moon baby!!!

Yessir, let me know how this strategy is working cause I have tried my best to see how it would hold over certain time periods but the best way to really know is by actually owning it yk

@@HonorableInvesting its ok so far it swings lightly up with biti at times but more up side on bito right now

Ya, I’m thinking about putting some of my KLIP or TSLY Dividends into this

@@HonorableInvesting That's what I am doing. Paycheck money is going into Tsly and Klip until I hit my goal, but dividends are going into other things mostly. Gives me more paydays!

Haha I hope dividend zombies are good😅

Woahhh that’s actually crazy, that is so interesting, thanks for sharing Justin, could I make a video about this? This is really interesting?

Win on one side, lose on the other. I think you will more or less break even on your principle. Except for dividend payouts. This is like entering a straddle position in options trading. The thing is it's best to enter a straddle when the stock is moving sideways and you're not sure which way it might go. If it moves up you close your put option and if it moves down you close your call option. You really don't hold both for the length of the option contract unless it remains sideways to the expiration. I think it would be better to put your money in BITO when BTC is going up, like it currently is. If/when BTC starts to trend down, like it did a few months ago, close your BITO and move your money into BITI. Also, I would reinvest the dividends in DRIP (Dividend Reinvestment Plan) and do dollar cost averaging while the share price is moving up.

Okay Markus, it looks solid from my perspective, how do you feel about it?🙂

@@HonorableInvesting Dividends has come down for Sept and Oct and my stop-loss triggered. I will re-enter again with bigger investment.

Evan, okay thanks for letting me know this is good insight, imma watch out for if it cuts or suspends that dividend

Oh okay, thanks for the little insight

I can try to hit up some people, I’m not sure if I’ll be able to get the fund manager on but, I can do a really in Depth Dive into BITO and I’ll see what I can dig up for you, Mabye over the next week

@@HonorableInvesting sounds good ty

Oh okay wow, didn’t even know that😅

That is amazing, I can’t imagine what your bringing in with 10,000 TSLY and 1,000 NVDY and 15,000 CLM congratulations that’s awesome!!

@@HonorableInvesting sure you still young I had 30 years of savings. With these funds you have you get there faster then I did.

@@HonorableInvesting Ya i sold my 8000 shares of QYLD AND 8000 shares of RYLD to buy TSLY and NVDY so far been cash cow with those YieldMax funds i will buy bac into QYLD and RYLD later down the road.

Okay interesting to hear, so many people are talking about these long bull cycles, I had no clue

Todays dividend payment had me smiling :)

That’s not bad, that’s enough to buy a couple TSLY

The dividend was about $.60 but it’s a 48% yield on the current share price

Honestly not a bad idea, this way you’ll get similar returns and cashflow in your investment

@@HonorableInvesting that's what I figured I want to have crypto exposure with out having to figure it all out lol I have friends who are heavily invested in it and half of them still can't explain it to me right. Lol

I haven’t kept up with it recently, I seen a bit of a dip in the stock price but has the dividend dipped a lot too?

I gotcha, just made a little video on it :)

Okay blessed, keep me updated about that because BITO is one I’m looking to add too

Oh man, I am very sorry I disappointed like that, thats one of my old videos and it probably isnt the best but hopefully we got better with time :)

@@HonorableInvesting fine but you mention several times in this video that the dividend pays 50% dividend and you don’t once realize your math is about 49% off? I’d be careful before someone sues your ass man.

@@HonorableInvesting it’s all fun and games since your a small RU-vidr that isn’t on anyone radar yet but as you garner more attention you become an easy target for lawsuits rolling in from people looking to get you to settle for 10-20k here and there for making wildly false claims and losing people money.

Ya fair enough on the ETF part, I understand ETF’s are not the same as an individual stock.

voo pays dividend. and has never paid a distribution. so this comment fails as hard as you tried. says it on the vanguard site. not all etfs are built the same.

True enough, but when you go on any trading or analysis website they all say "dividend" (shrug)...