ProShares Bitcoin ETF vs National Beverage Corp. — how do they compare? ProShares Bitcoin ETF trades at $8.68, while National Beverage Corp. trades at $30.9 (market cap $2.89B). Which is the better fit depends on your goals.
| BITO | FIZZ | |
|---|---|---|
Sector | Crypto-linked | Consumer Cyclical |
52-Week High | $22.27 | $46.75 |
52-Week Low | $7.98 | $30.53 |
Market Cap | — | $2.89B |
Enterprise Value | — | $2.60B |
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 →National Beverage Corp is one of the top 10 non-alcoholic beverage companies in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls most of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store-delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.
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