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: $27.98 to $29.38
• 50-Day Range: $26.53 to $46.36
• 52-Week Range: $26.16 to $56.56
• Volume: 1.01 million shs
• Average Volume: 464,540 shs
• Market Capitalization: $8.22 million
• Assets Under Management: $33.55 million
• Dividend Yield: N/A
• 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 $44.07 at the start of the year. Since then, SBIT shares have decreased by 35.7% and is now trading at $28.33.
View the best growth stocks for 2024 here.

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.

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: $33.55 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.06%
• 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: 15
• Put Options: 23
• Call Options: 15
• Short Interest: 168,300 shs

Miscellaneous

• Outstanding Shares: 290,000
• Beta: -4.17
• Creation Unit: 10,000