ProShares Bitcoin ETF vs United Microelectronics Corp — how do they compare? ProShares Bitcoin ETF trades at $8.66, while United Microelectronics Corp trades at $19.58 (market cap $47.81B). The key difference: United Microelectronics Corp pays a 2.12% dividend while ProShares Bitcoin ETF pays none, and United Microelectronics Corp is trading nearer its 52-week high, ProShares Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITO | UMC | |
|---|---|---|
Sector | Crypto-linked | Technology |
52-Week High | $22.27 | $28.02 |
52-Week Low | $7.98 | $6.58 |
Market Cap | — | $47.81B |
Enterprise Value | — | $44.93B |
Dividend Yield | — | 2.12% |
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 →Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
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