ProShares Bitcoin ETF vs BlackRock TCP Capital Corp — how do they compare? ProShares Bitcoin ETF trades at $8.66, while BlackRock TCP Capital Corp trades at $3.93 (market cap $327.64M). The key difference: BlackRock TCP Capital Corp pays a 19.46% dividend while ProShares Bitcoin ETF pays none, and BlackRock TCP Capital Corp is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | TCPC | |
|---|---|---|
Sector | Crypto-linked | Financials |
52-Week High | $22.27 | $7.26 |
52-Week Low | $7.98 | $3.13 |
Market Cap | — | $327.64M |
Dividend Yield | — | 19.46% |
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 →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →