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NYSEARCA:BITI

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

ProShares Short Bitcoin ETF logo
$23.13 -0.98 (-4.06%)
(As of 11/21/2024 ET)

About ProShares Short Bitcoin ETF (NYSEARCA:BITI)

Key Stats

Today's Range
$22.89
$23.82
50-Day Range
$24.11
$41.00
52-Week Range
$22.89
$77.03
Volume
5.03 million shs
Average Volume
1.65 million shs
Market Capitalization
$274.32 million
Assets Under Management
$93.23 million
Dividend Yield
0.13%
Net Expense Ratio
1.03%
Aggregate Rating
N/A

ETF Overview

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.

ProShares Short Bitcoin ETF Expenses

TypeBITICryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.84%0.77%0.51%0.52%
Other Expenses0.08%0.90%0.27%0.57%0.53%
Total Expense1.03%1.09%0.81%0.73%0.71%
Fee Waiver0.00%-0.30%-0.29%-0.67%-0.57%
Net Expense1.03%1.12%0.78%0.58%0.59%
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BITI ETF News Headlines

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See More Headlines

BITI ETF - Frequently Asked Questions

ProShares Short Bitcoin ETF's stock was trading at $65.75 at the beginning of 2024. Since then, BITI shares have decreased by 64.8% and is now trading at $23.13.
View the best growth stocks for 2024 here
.

ProShares Short Bitcoin ETF shares reverse split before market open on Thursday, November 7th 2024. The 1-5 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

ProShares Short Bitcoin ETF's top institutional investors include Brown Brothers Harriman & Co. (0.21%) and Jane Street Group LLC.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares Short Bitcoin ETF investors own include Walt Disney (DIS), Occidental Petroleum (OXY), Petróleo Brasileiro S.A. - Petrobras (PBR), American Express (AXP), General Motors (GM), Mastercard (MA) and Realty Income (O).

Fund Details

Issuer
ProShares
Fund Name
ProShares Short Bitcoin ETF
Tax Classification
Regluated 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
Bloomberg Bitcoin Index
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Developed Markets
Region
North America
Number of Holdings
3

Fund Statistics

Assets Under Management
$93.23 million
Average Daily Volume
$0.00
Discount/Premium
0.01%
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
1,510
Put Options
403
Call Options
1,107
Short Interest
304,300 shs

Miscellaneous

Beta
-0.71
Creation Unit
10,000
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Top 3 BITI Holdings

  • UNITED STATES OF AMERICA BILL ZERO CPN 06/FEB/2025 USD 100
    Holding Weight: 28.30%
  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • CME BITCOIN FUT DIGITAL ASSETS 29/NOV/2024 BTCX4 CURNCY
    Holding Weight: -99.75%

This page (NYSEARCA:BITI) was last updated on 11/22/2024 by MarketBeat.com Staff
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