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ProShares Sets $0.039275 November Distribution for BETH ETF

ProShares Sets $0.039275 November Distribution for BETH ETF

Photo: TokenPost

ProShares set a November distribution of $0.039275 per share for its Bitcoin & Ether Market Cap Weight ETF, defining the cash amount shareholders are scheduled to receive for the period. Nov. 2 was both the record date and the ex-dividend date. Payment is scheduled for Nov. 6. ProShares places BETH on a monthly distribution schedule, but that schedule does not guarantee a payment each month. Distribution amounts can vary significantly, and the fund may make no distribution in some months. BETH uses futures contracts to seek market-cap-weighted exposure to Bitcoin (BTC) and Ether (ETH).

Source: TokenPost

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