NYSEARCA:BITI

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

$8.47
+0.25 (+3.04%)
(As of 05/10/2024 ET)
Today's Range
$8.14
$8.54
50-Day Range
$7.21
$9.05
52-Week Range
$7.17
$23.23
Volume
10.03 million shs
Average Volume
7.76 million shs
Market Capitalization
$100.45 million
Assets Under Management
$93.50 million
Dividend Yield
0.35%
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

Q1 2024 Biote Corp Earnings Call
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After Nvidia's record-breaking earnings surge, Wall Street is now selling the stock at the fastest pace in seven months. So if you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview with 50-year Wall Street legend Marc Chaikin.
BITI Apr 2024 6.500 call
Missed NVDA? Buy this AI stock NOW
After Nvidia's record-breaking earnings surge, Wall Street is now selling the stock at the fastest pace in seven months. So if you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview with 50-year Wall Street legend Marc Chaikin.
See More Headlines
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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
2

Fund Statistics

Assets Under Management
$93.50 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
2,632
Put Options
262
Call Options
2,370

Miscellaneous

Beta
-0.71
Creation Unit
10,000
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ProShares Short Bitcoin Strategy ETF Expenses

TypeBITICryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.75%0.69%0.51%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%0.58%0.58%

ProShares Short Bitcoin Strategy ETF (BITI) Holdings

Top 3 BITI Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • CME BITCOIN FUT NON-EQUITY INDEX 31/MAY/2024 BTCK4 CURNCY
    Holding Weight: -99.75%

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 the year. Since then, BITI shares have decreased by 35.6% and is now trading at $8.47.
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 declared a dividend on Thursday, December 21st. Shareholders of record on Tuesday, April 2nd will be given a dividend of $0.015 per share on Monday, April 8th. The ex-dividend date 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 $93.50 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 shareholders include Advisory Services Network LLC (4.40%) and 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 5/12/2024 by MarketBeat.com Staff

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