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ProShares Sets $0.039275 November Distribution for BETH ETF

Nov. 2 was both the record and ex-dividend date; payment is scheduled for Nov. 6.

By Enna Lee
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Mentioned assets
A sealed envelope rests across three marked calendar squares / TokenPost.ai
A sealed envelope rests across three marked calendar squares / TokenPost.ai

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). It does not invest directly in either asset.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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