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NYSEARCA:BITI

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

$8.20
+0.26 (+3.27%)
(As of 09/16/2024 ET)

About ProShares Short Bitcoin Strategy ETF (NYSEARCA:BITI)

Key Stats

Today's Range
$8.11
$8.26
50-Day Range
$7.28
$9.11
52-Week Range
$7.06
$21.81
Volume
5.54 million shs
Average Volume
7.36 million shs
Market Capitalization
$97.25 million
Assets Under Management
$61.94 million
Dividend Yield
0.37%
Net Expense Ratio
1.33%
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 Strategy ETF Expenses

TypeBITICryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.82%0.75%0.51%0.52%
Other Expenses0.38%1.00%0.35%0.58%0.54%
Total Expense1.33%1.12%0.82%0.73%0.71%
Fee Waiver0.00%-0.36%-0.34%-0.68%-0.58%
Net Expense1.33%1.12%0.76%0.57%0.59%
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BITI ETF News Headlines

Best Bitcoin ETFs of May 2024
My big AI project…
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
Q1 2024 Biote Corp Earnings Call
See More Headlines

BITI ETF - Frequently Asked Questions

ProShares Short Bitcoin Strategy ETF's stock was trading at $13.15 at the beginning of 2024. Since then, BITI stock has decreased by 37.6% and is now trading at $8.20.
View the best growth stocks for 2024 here
.

ProShares Short Bitcoin Strategy ETF shares reverse split on the morning of Saturday, January 1st 2000. The 2.18-81.5 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 7th 2017. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Top institutional shareholders of ProShares Short Bitcoin Strategy ETF include AFG Fiduciary Services Limited Partnership (2.13%) and Headlands Technologies LLC (0.31%).

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.

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
3

Fund Statistics

Assets Under Management
$61.94 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
1,171
Put Options
273
Call Options
898
Short Interest
578,400 shs

Miscellaneous

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

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • CME BITCOIN FUT DIGITAL ASSETS 27/SEP/2024 BTCU4 CURNCY
    Holding Weight: -99.57%

This page (NYSEARCA:BITI) was last updated on 9/16/2024 by MarketBeat.com Staff
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