ProShares Bitcoin ETF vs TORM plc — how do they compare? ProShares Bitcoin ETF trades at $8.78, while TORM plc trades at $29.7 (market cap $2.98B). The key difference: TORM plc pays a 9.7% dividend while ProShares Bitcoin ETF pays none, and TORM plc is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | TRMD | |
|---|---|---|
Sector | Crypto-linked | Technology |
52-Week High | $22.93 | $34.87 |
52-Week Low | $7.98 | $17.46 |
Market Cap | — | $2.98B |
Enterprise Value | — | $3.86B |
Dividend Yield | — | 9.7% |
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 →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →