ProShares Ultra Short Bitcoin ETF (SBIT) Price, Holdings, & News

ETF Overview

The ProShares UltraShort Bitcoin ETF (SBIT) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks -2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide inverse exposure to Bitcoin. SBIT was launched on Apr 2, 2024 and is issued by ProShares.

Key Stats

• Today's Range: $28.64 to $29.38
• 50-Day Range: $27.59 to $39.15
• 52-Week Range: $26.52 to $234.30
• Volume: 423,190 shs
• Average Volume: 1.41 million shs
• Market Capitalization: $77.17 million
• Assets Under Management: $64.20 million
• Dividend Yield: 0.31%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

SBIT ETF - Frequently Asked Questions

How have SBIT shares performed this year?

ProShares Ultra Short Bitcoin ETF's stock was trading at $59.05 on January 1st, 2025. Since then, SBIT stock has decreased by 50.9% and is now trading at $29.0080.

When did ProShares Ultra Short Bitcoin ETF's stock split?

ProShares Ultra Short Bitcoin ETF's stock reverse split before market open on Thursday, June 12th 2025.A 1-5 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, June 11th 2025. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

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

Top institutional investors of ProShares Ultra Short Bitcoin ETF include IMC Chicago LLC.

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

Shares of SBIT 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.

Fund Details

• Issuer: ProShares
• Fund Name: ProShares Ultra Short Bitcoin ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SBIT
• Inception Date: 4/2/2024
• Fund Manager: Alexander Ilyasov, George Banian
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Currency
• Benchmark: Bloomberg Bitcoin Index
• Category: Alternative Currency
• Focus: Cryptocurrency
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $70.75 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.00%
• Leveraged: -2.00

Administrator, Advisor and Custodian

• Administrator: J.P. Morgan Chase Bank, N.A.
• Advisor: ProShare Advisors, LLC
• Custodian: JPMorgan Chase Bank, N.A.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: J.P. Morgan Chase Bank, N.A.
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 175
• Put Options: 27
• Call Options: 148
• Short Interest: 255,200 shs

Miscellaneous

• Outstanding Shares: 2,652,000
• Beta: -4.17
• Creation Unit: 10,000