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ProShares Short Bitcoin ETF (BITI)

Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
17.91 USD -0.11 (-0.610%) ⇩ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 8:25 a.m. EDT

This instrument is a specialized tool for betting against Bitcoin, and the data confirms a severe, multi-year downtrend that has crushed the asset's value by nearly 91% over the last three years. The recent price action shows a slight stabilization around $17-$18, but the underlying trend remains deeply bearish. The options market screams caution, with traders loading up on downside protection at strikes far above current prices, indicating expectations of further drops. While the fund pays a massive 31.5% yield, this is a mechanical result of the price collapse rather than a sustainable income stream; the payout ratio is effectively eroding capital. For a long-term holder, the trajectory is catastrophic, and for a short-term trader, the momentum is still pointing down despite minor recent relief.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.188707
AutoTheta0.191561
AutoARIMA0.191680
AutoETS0.192340

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 68.30
Ljung-Box p 0.000
Jarque-Bera p 0.103
Excess Kurtosis -1.50

As of Oct. 10, 2026, 8:25 a.m. EDT: Speculators are overwhelmingly positioning for further declines, evidenced by massive open interest in out-of-the-money puts (strikes 26, 31, 32, 35, 43, 44) compared to negligible call activity. While there is some volume in deep out-of-the-money calls (strikes 40, 42), the sheer weight of put positioning suggests a bearish bias where traders are betting on continued weakness in the underlying asset.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.22% 22.47% 9.02% —
Dividend History
Date Dividend Yield %
2026-10-01 0.039 0.224525
2026-09-01 0.376 1.954262
2026-08-03 1.329 5.551378
2026-07-01 1.449 5.372636
2026-06-01 0.238 0.983878
2026-05-01 0.197 0.884598
2026-04-01 0.591 2.277457
2026-03-02 0.953 3.604387
2026-02-02 0.314 1.240126
2025-12-24 0.042 0.180879
2025-12-01 0.019 0.079431
2025-11-03 0.023 0.117828
2025-10-01 0.033 0.184874
2025-09-02 0.030 0.158144
2025-08-01 0.032 0.171123
2025-07-01 0.034 0.169154
2025-06-02 0.029 0.142998
2025-05-01 0.035 0.159526
2025-04-01 0.038 0.149547
2025-03-03 0.031 0.120764
2025-02-03 0.025 0.113792
2024-12-23 0.051 0.211530
2024-12-02 0.028 0.118644
2024-11-01 0.065 0.192024
2024-10-01 0.075 0.195822
2024-09-03 0.085 0.206311
2024-08-01 0.095 0.242347
2024-07-01 0.080 0.200250
2024-06-03 0.100 0.272109
2024-05-01 0.100 0.220994
2024-04-01 0.075 0.200267
2024-03-01 0.095 0.221963
2024-02-01 0.090 0.141956
2023-12-20 0.190 0.300633
2023-12-01 0.205 0.285515
2023-11-01 0.170 0.210657
2023-10-02 0.225 0.222113
2023-09-01 0.290 0.261144
2023-08-01 0.225 0.229826
2023-07-03 0.255 0.278081
2023-06-01 0.330 0.304428
2023-05-01 0.145 0.137181
2023-04-03 0.050 0.047393
2023-03-01 0.035 0.025669
2023-02-01 0.070 0.051546
2022-12-22 0.130 0.065376
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 31.54

Info Dump

Attribute Value
All Time High 228.05
All Time Low 8.06
Ask 0.0
Ask Size 12,700
Average Daily Volume10 Day 1,442,350
Average Daily Volume3 Month 1,409,475
Average Volume 1,409,475
Average Volume10Days 1,442,350
Beta3 Year 2.12
Bid 0.0
Bid Size 5,300
Category Trading--Miscellaneous
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.47
Day Low 17.8445
Dividend Yield 31.54
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.4896
Fifty Day Average Change -1.5795994
Fifty Day Average Change Percent -0.081048325
Fifty Two Week Change Percent -8.947635
Fifty Two Week High 30.935
Fifty Two Week High Change -13.025
Fifty Two Week High Change Percent -0.4210441
Fifty Two Week Low 16.86
Fifty Two Week Low Change 1.0499992
Fifty Two Week Low Change Percent 0.062277533
Fifty Two Week Range 16.86 - 30.935
First Trade Date Milliseconds 1,655,818,200,000
Full Exchange Name NYSEArca
Fullday Change -0.06850052
Fullday Change Percent -0.38268447
Fullday Price 17.8315
Fund Family ProShares
Fund Inception Date 1,655,769,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. It seeks to benefit from decreases in the price of bitcoin futures contracts for a single day. The index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. It is non-diversified.
Long Name ProShares Short Bitcoin ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1778087874
Nav Price 18.0391
Net Assets 81,123,344.0
Net Expense Ratio 1.02
Open 18.39
Pre Market Change -0.06850052
Pre Market Change Percent -0.38268447
Pre Market Price 17.8315
Pre Market Time 1,792,151,159
Previous Close 18.02
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.110001
Regular Market Change Percent -0.610436
Regular Market Day High 18.47
Regular Market Day Low 17.8445
Regular Market Day Range 17.8445 - 18.47
Regular Market Open 18.39
Regular Market Previous Close 18.02
Regular Market Price 17.91
Regular Market Time 1,792,094,400
Regular Market Volume 1,294,388
Short Name ProShares Short Bitcoin ETF
Source Interval 15
Symbol BITI
Three Year Average Return -0.3949753
Total Assets 81,123,344
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -31.09883
Trailing Three Month Returns -31.09883
Triggerable 1
Two Hundred Day Average 23.57895
Two Hundred Day Average Change -5.668951
Two Hundred Day Average Change Percent -0.24042423
Type Disp ETF
Volume 1,294,388
Yield 0.3154
Ytd Return -5.70206