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BETE ETF — ProShares Bitcoin & Ether Equal Weight Strategy ETF
ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE)
Updated October 16, 2026.
Verdict as of October 19, 2026
BETE's distribution is rated high risk by the Dividend Vision Distribution Safety Score™ (7/100, high confidence). It pays monthly and its distribution rate is 0.98%. The latest total cash payment per current share, $0.0314 with an ex-date of October 1, 2026, was 17.9% lower than the previous $0.0383. It is not yet confirmed whether this is a cut to the regular payout or a one-off difference.
Sources: ProShares page for BETE, Section 19a-1 notices, scoring methodology.
BETE is an ETF linked to Bitcoin & Ether Futures. its distribution rate is 0.98%, its trailing-12-month yield is 29.36%, its expense ratio is 0.95%. Dividend Vision Distribution Safety Score™ is 7/100 (High risk). Total return is 80.8% over the past 3 years, 4.4 points behind SPY at 85.2%.
ProShares Bitcoin & Ether Equal Weight Strategy ETF is an ETF that seeks total return through managed exposure to bitcoin and ether futures contracts, maintaining roughly equal weight between the two assets. The fund carries a modest expense ratio of 0.95% and distributes monthly with a current distribution rate in the low single digits. It appeals to investors seeking direct exposure to major cryptocurrencies through a futures-based strategy rather than direct cryptocurrency ownership.
BETE dividend yield and income
Price as of 2026-10-16.
The distribution rate (0.98%) uses calculation basis unavailable. Trailing-12-month yield (29.36%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.03141. The ex-dividend date is 10/01/2026. The payment date is 10/07/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-10-01 | $0.03141 | -17.9% Total cash (unclassified) |
| 2026-09-01 | $0.03828 | 74.7% Total cash (unclassified) |
| 2026-08-03 | $0.02191 | -26.1% Total cash (unclassified) |
| 2026-07-01 | $0.02964 | -20.3% Total cash (unclassified) |
| 2026-06-01 | $0.03721 | 50.2% Total cash (unclassified) |
| 2026-05-01 | $0.02477 | -20.3% Total cash (unclassified) |
| 2026-04-01 | $0.03106 | -32.5% Total cash (unclassified) |
| 2026-03-02 | $0.04599 | 307.0% Total cash (unclassified) |
| 2026-02-02 | $0.0113 | -99.7% Total cash (unclassified) |
| 2025-12-24 | $3.55597 | -4.2% Total cash (unclassified) |
| 2025-12-01 | $3.71244 | -0.5% Total cash (unclassified) |
| 2025-11-03 | $3.73154 | 20.6% Total cash (unclassified) |
| 2025-10-01 | $3.09398 | -39.4% Total cash (unclassified) |
| 2025-09-02 | $5.10716 | 13.7% Total cash (unclassified) |
| 2025-08-01 | $4.49225 | 205.1% Total cash (unclassified) |
| 2025-07-01 | $1.47251 | -23.5% Total cash (unclassified) |
| 2025-06-02 | $1.92462 | 2490.7% Total cash (unclassified) |
| 2025-05-01 | $0.07429 | -7.3% Total cash (unclassified) |
| 2025-04-01 | $0.08016 | -95.0% Total cash (unclassified) |
| 2025-03-03 | $1.61475 | -36.1% Total cash (unclassified) |
| 2025-02-03 | $2.52668 | N/A |
| 2024-12-23 | $0.25978 | N/A |
| 2024-08-01 | $1.00143 | N/A |
| 2024-07-01 | $1.71397 | -18.5% Total cash (unclassified) |
| 2024-06-03 | $2.10388 | -24.6% Total cash (unclassified) |
| 2024-05-01 | $2.78852 | 30.9% Total cash (unclassified) |
| 2024-04-01 | $2.13043 | 17.9% Total cash (unclassified) |
| 2024-03-01 | $1.80715 | 436.0% Total cash (unclassified) |
| 2024-02-01 | $0.33718 | N/A |
| 2023-12-20 | $0.2962 | 172.7% Total cash (unclassified) |
| 2023-12-01 | $0.10862 | 180.5% Total cash (unclassified) |
| 2023-11-01 | $0.03873 | — |
| 2023 total (partial launch year) | $0.44355 | — |
| 2024 total | $12.14234 | — |
| 2025 total | $31.38635 | 158.5% |
| 2026 YTD total | $0.27157 | -98.7% vs prior-year YTD |
BETE dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -45.4%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -5.55%.
| Window | Change |
|---|---|
| 1Y | -45.4% |
BETE holdings and sector exposure
Holdings are not available for this snapshot.
BETE performance versus SPY
Price and return data through 2026-10-16.
Total return is 80.8% over the past 3 years, 4.4 points behind SPY at 85.2%. Over the past year its total return — price change plus distributions reinvested — is -34.2%. Its deepest 1-year drawdown was 57.5%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 3.0% | — |
| 3M | 26.3% | — |
| 6M | 3.1% | — |
| YTD | -15.9% | — |
| 1Y | -34.2% | — |
| 2Y CAGR | — | 0.40% |
| 3Y CAGR | — | 22.60% |
| Since inception (3 years) | 80.8% | 21.50% |
BETE key facts
- Distribution Safety Score™
- 7 · High risk
- Safety-Adjusted Yield
- 0.07%
- Issuer
- ProShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 10/02/2023
- Expense ratio
- 0.95%
- Distribution rate
- 0.98%
- Distribution frequency
- Monthly
- Trailing yield
- 29.36%
- Last close
- $38.39 (stale; as of 2026-10-16)
- AUM
- $8,946,568
- Average volume
- 1800.0
- Dividend
- $0.03141
- Ex-dividend date
- 10/01/2026
- Payment date
- 10/07/2026
- Beta
- 2.4867
How Dividend Vision calculates yield and returns
Distribution rate (0.98%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (29.36%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: ProShares or company page; Index: Bitcoin & Ether Futures; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
BETE risks and drawbacks
BETE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 57.5%.
Who may consider BETE — and who may not
It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on BETE
Frequently asked questions
Does BETE pay monthly?
Yes. BETE currently pays monthly.
What is BETE linked to?
BETE is linked to Bitcoin & Ether Futures, not a broad market index.
What is BETE's expense ratio?
BETE's expense ratio is 0.95%.
What is BETE's dividend yield?
BETE's distribution rate is 0.98%, paid monthly, with a 0.95% expense ratio — calculation basis unavailable.
How has BETE's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -45.4%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does BETE pay a dividend?
BETE pays monthly. The dividend amount is $0.03141. The ex-dividend date is 10/01/2026. The payment date is 10/07/2026.
How has BETE performed?
Total return is 80.8% over the past 3 years, 4.4 points behind SPY at 85.2%. Over the past year its total return — price change plus distributions reinvested — is -34.2%. Its deepest 1-year drawdown was 57.5%.
Is BETE a good investment?
BETE's Dividend Vision Distribution Safety Score is 7 (High risk). That is a risk signal, not investment advice. Its distribution rate is 0.98% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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