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NYSEARCA:SBIT

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

$11.22 -0.03 (-0.27%)
(As of 12/20/2024 05:45 PM ET)

About ProShares Ultra Short Bitcoin ETF (NYSEARCA:SBIT)

Key Stats

Today's Range
$10.89
$11.57
50-Day Range
$9.29
$28.82
52-Week Range
$9.00
$56.56
Volume
7.15 million shs
Average Volume
1.36 million shs
Market Capitalization
$3.25 million
Assets Under Management
$58.18 million
Dividend Yield
N/A
Net Expense Ratio
0.95%
Aggregate Rating
N/A

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.

ProShares Ultra Short Bitcoin ETF Expenses

TypeSBITCryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.84%0.77%0.51%0.52%
Other Expenses0.00%0.90%0.27%0.57%0.53%
Total Expense0.95%1.09%0.81%0.73%0.71%
Fee Waiver0.00%-0.30%-0.29%-0.67%-0.56%
Net Expense0.95%1.12%0.78%0.58%0.59%
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SBIT ETF News Headlines

No headlines for this company have been tracked by MarketBeat.com

SBIT ETF - Frequently Asked Questions

ProShares Ultra Short Bitcoin ETF's stock was trading at $44.07 on January 1st, 2024. Since then, SBIT stock has decreased by 74.5% and is now trading at $11.22.
View the best growth stocks for 2024 here
.

Top institutional investors of ProShares Ultra Short Bitcoin ETF include Jane Street Group LLC (6.90%) and Flow Traders U.S. LLC (3.61%).

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
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
$58.18 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
834
Put Options
53
Call Options
781
Short Interest
512,300 shs

Miscellaneous

Beta
-4.17
Creation Unit
10,000
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Top 5 SBIT Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • CME BITCOIN FUT DIGITAL ASSETS 27/DEC/2024 BTCZ4 CURNCY
    Holding Weight: -7.86%
  • BITCOIN TRUST (IBIT) SWAP BARCLAYS CAPITAL
    Holding Weight: -33.35%
  • BITCOIN TRUST (IBIT) SWAP GOLDMAN
    Holding Weight: -66.05%
  • BITCOIN TRUST (IBIT) SWAP NOMURA
    Holding Weight: -92.69%

This page (NYSEARCA:SBIT) was last updated on 12/22/2024 by MarketBeat.com Staff
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