Author argues BITO erodes toward zero from its dividend unless bitcoin rises steadily, making the proposed options strategy a donation.
BITO — AVOID The author claims BITO is slowly going to zero because its dividend distributions erode the fund unless bitcoin rises steadily. Without steady BTC appreciation, the shares won't increase in price and call premiums will decline, making the strategy a donation to Wall Street. The author's condition that would offset this is BTC rising steadily.
BITO is slowly going to 0 due to the dividend.
This Reddit post, published January 06, 2026, features u/thatstheharshtruth discussing BITO. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/thatstheharshtruth · Tickers: BITO