ProShares Bitcoin ETF vs Chewy Inc — how do they compare? ProShares Bitcoin ETF trades at $8.66, while Chewy Inc trades at $22.5 (market cap $9.20B). The key difference: Chewy Inc is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | CHWY | |
|---|---|---|
Sector | Crypto-linked | Consumer Cyclical |
52-Week High | $22.27 | $42.33 |
52-Week Low | $7.98 | $17.51 |
Market Cap | — | $9.20B |
Enterprise Value | — | $9.16B |
Trailing returns across standard periods
BITO offers exposure to Bitcoin returns primarily through Bitcoin futures contracts. It provides a regulated way for investors to trade Bitcoin performance within a traditional brokerage account without direct ownership.
Read more on BITO →Chewy is the largest e-commerce pet care retailer in the U.S., generating $8.9 billion in 2021 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a standalone company in 2019, after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.
Read more on CHWY →