ProShares Sets BETE’s November Distribution at $0.032323 Per Share

ProShares set a November distribution of $0.032323 per share for its Bitcoin & Ether Equal Weight ETF (BETE), which seeks equal-weight exposure to Bitcoin (BTC) and Ether (ETH) through futures contracts. The fund set Nov. 2 as both the ex-dividend date and the record date. Payment is scheduled for Nov. 6. BETE’s October distribution was $0.031414 per share, payable Oct. 7. BETE does not invest directly in Bitcoin or Ether. Its exposure comes through futures contracts tied to the two assets, and the fund seeks to track an equal-weight basket of them.

Source: TokenPost