NYSEARCA:BITI

ProShares Short Bitcoin Strategy ETF (BITI) Price, Holdings, & News

$8.25
+0.13 (+1.60%)
(As of 11:22 AM ET)
Today's Range
$8.22
$8.40
50-Day Range
$7.21
$10.70
52-Week Range
$7.17
$23.23
Volume
2.95 million shs
Average Volume
7.61 million shs
Market Capitalization
$97.93 million
Assets Under Management
$94.92 million
Dividend Yield
0.36%
Net Expense Ratio
1.33%
BITI stock logo

About ProShares Short Bitcoin Strategy ETF (NYSEARCA:BITI)

The ProShares Trust - ProShares Short Bitcoin Strategy ETF (BITI) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund tracks the inverse daily price movements of an index of front-month CME bitcoin futures. It aims to profit from the price decline of bitcoin. BITI was launched on Jun 21, 2022 and is managed by ProShares.

BITI Stock Price History

BITI ETF News Headlines

The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
BITI Apr 2024 6.500 call
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
See More Headlines
Receive BITI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ProShares Short Bitcoin Strategy ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
ProShares
Fund Name
ProShares Short Bitcoin Strategy ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:BITI
Inception Date
6/21/2022
Fund Manager
Alexander Ilyasov, George Banian
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Currency
Benchmark
S&P CME Bitcoin Futures Index
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Developed Markets
Region
North America
Number of Holdings
3

Fund Statistics

Assets Under Management
$94.92 million
Average Daily Volume
$0.00
Discount/Premium
0.00%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
Optionable
Options Volume
2,530
Put Options
414
Call Options
2,116

Miscellaneous

Beta
-0.63
Creation Unit
10,000
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

ProShares Short Bitcoin Strategy ETF Expenses

TypeBITICryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.75%0.69%0.50%0.51%
Other Expenses0.38%1.09%0.26%0.64%0.58%
Total Expense1.33%1.17%0.77%0.74%0.70%
Fee Waiver0.00%-0.23%-0.22%-0.68%-0.57%
Net Expense1.33%1.35%0.79%0.57%0.58%

ProShares Short Bitcoin Strategy ETF (BITI) Holdings

Top 2 BITI Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • CME BITCOIN FUT NON-EQUITY INDEX 26/APR/2024 BTCJ4 CURNCY
    Holding Weight: -99.65%

BITI ETF - Frequently Asked Questions

How have BITI shares performed in 2024?

ProShares Short Bitcoin Strategy ETF's stock was trading at $13.15 at the beginning of 2024. Since then, BITI stock has decreased by 37.3% and is now trading at $8.25.
View the best growth stocks for 2024 here
.

How often does ProShares Short Bitcoin Strategy ETF pay dividends? What is the dividend yield for ProShares Short Bitcoin Strategy ETF?

ProShares Short Bitcoin Strategy ETF announced a dividend on Thursday, December 21st. Investors of record on Tuesday, April 2nd will be given a dividend of $0.015 per share on Monday, April 8th. The ex-dividend date of this dividend is Monday, April 1st.
Read our dividend analysis for BITI
.

What does BITI invest in?

ProShares Short Bitcoin Strategy ETF is a currency fund issued by ProShares. BITI focuses on cryptocurrency investments and follows the S&P CME Bitcoin Futures Index. The fund's investments total to approximately $94.92 million assets under management.

What is the management fee for ProShares Short Bitcoin Strategy ETF?

ProShares Short Bitcoin Strategy ETF's management fee is 0.95% and has other expenses of 0.38%. The net expense ratio for BITI is 1.33%.

Who are ProShares Short Bitcoin Strategy ETF's major shareholders?

ProShares Short Bitcoin Strategy ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include Simplex Trading LLC (1.03%).

How do I buy shares of ProShares Short Bitcoin Strategy ETF?

Shares of BITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:BITI) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners