ProShares Bitcoin ETF vs Annaly Capital Management, Inc. — how do they compare? ProShares Bitcoin ETF trades at $8.66, while Annaly Capital Management, Inc. trades at $23.18 (market cap $17.44B). The key difference: Annaly Capital Management, Inc. pays a 12.96% dividend while ProShares Bitcoin ETF pays none, and Annaly Capital Management, Inc. is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | NLY | |
|---|---|---|
Sector | Crypto-linked | Financials |
52-Week High | $22.27 | $24.40 |
52-Week Low | $7.98 | $20.21 |
Market Cap | — | $17.44B |
Dividend Yield | — | 12.96% |
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 →Annaly Capital Management Inc is an American mortgage real estate investment trust. The company segments its operations into Residential and Commercial real estate investments. While Annaly's Residential assets are primarily comprised of agency mortgage-backed securities and debentures, it is primarily invested in commercial mortgage loans and mortgage-backed securities in its Commercial unit through its subsidiary, Annaly Commercial Real Estate Group. Agency mortgage-backed securities and debentures make up the majority of the company's overall portfolio. Most of the company's counterparties are located in the U.S. Annaly generates nearly all of its revenue from the spread between interest earned on its assets and interest payments made on its borrowings.
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