ProShares Ultra Bitcoin ETF vs Thomson Reuters Corp — how do they compare? ProShares Ultra Bitcoin ETF trades at $9.79, while Thomson Reuters Corp trades at $95.61 (market cap $39.67B). The key difference: Thomson Reuters Corp pays a 2.86% dividend while ProShares Ultra Bitcoin ETF pays none, and Thomson Reuters Corp is trading nearer its 52-week high, ProShares Ultra Bitcoin ETF nearer its low. Which is the better fit depends on your goals.
| BITU | TRI | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $64.41 | $211.14 |
52-Week Low | $8.12 | $76.55 |
Market Cap | — | $39.67B |
Enterprise Value | — | $41.62B |
Dividend Yield | — | 2.86% |
Trailing returns across standard periods
BITU is a leveraged ETF that seeks to provide two times (2x) the daily performance of Bitcoin. It is designed for sophisticated investors looking for magnified exposure to Bitcoin’s daily price movements.
Read more on BITU →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
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