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NYSEARCA:SBIT

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

$37.77
+2.19 (+6.16%)
(As of 03:38 PM ET)
Today's Range
$35.93
$38.64
50-Day Range
N/A
52-Week Range
$33.96
$56.56
Volume
173,012 shs
Average Volume
227,586 shs
Market Capitalization
$10.95 million
Assets Under Management
$9.60 million
Dividend Yield
N/A
Net Expense Ratio
0.95%

About ProShares Ultra Short Bitcoin ETF

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.

SBIT Stock Price History

SBIT ETF News Headlines

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Fund Details

Issuer
ProShares
Fund Name
ProShares Ultra Short Bitcoin ETF
Tax Classification
Regulated Investment Company
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
$12.96 million
Average Daily Volume
$0.00
Discount/Premium
-0.02%
Leveraged
-2.00

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
Virtu Financial

Options

Optionable
Optionable
Options Volume
174
Put Options
1
Call Options
174

Miscellaneous

Beta
-4.17
Creation Unit
10,000
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ProShares Ultra Short Bitcoin ETF Expenses

TypeSBITCryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.75%0.69%0.51%0.51%
Other Expenses0.00%1.09%0.26%0.64%0.58%
Total Expense0.95%1.17%0.77%0.74%0.70%
Fee Waiver0.00%-0.23%-0.22%-0.68%-0.56%
Net Expense0.95%1.35%0.79%0.58%0.58%

ProShares Ultra Short Bitcoin ETF (SBIT) Holdings

Top 3 SBIT Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • BITCOIN TRUST (IBIT) SWAP GOLDMAN
    Holding Weight: -48.53%
  • BITCOIN TRUST (IBIT) SWAP NOMURA
    Holding Weight: -151.52%

SBIT ETF - Frequently Asked Questions

How have SBIT shares performed in 2024?

ProShares Ultra Short Bitcoin ETF's stock was trading at $44.07 on January 1st, 2024. Since then, SBIT shares have decreased by 15.1% and is now trading at $37.40.
View the best growth stocks for 2024 here
.

What does SBIT invest in?

ProShares Ultra Short Bitcoin ETF is a currency fund issued by ProShares. SBIT focuses on cryptocurrency investments and follows the Bloomberg Bitcoin Index. The fund's investments total to approximately $9.60 million assets under management.

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

ProShares Ultra Short Bitcoin ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for SBIT is 0.95%.

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.
Compare Top Brokerages Here.

This page (NYSEARCA:SBIT) was last updated on 5/23/2024 by MarketBeat.com Staff

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