ProShares Short Bitcoin ETF (BITI)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
19.56 USD
+0.55
(2.893%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 19.57 +0.01 (0.051%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:44 a.m. EDT
This instrument is a specialized tool for betting against Bitcoin, not a traditional investment. The data reveals a brutal multi-year decline where the asset has lost over 90% of its value, driven by three consecutive years of negative annual returns. While the recent price action shows a temporary stabilization around $20-$24, the underlying trend remains deeply bearish. The massive dividend yield is a mechanical artifact of the inverse structure, reflecting the asset's past losses rather than sustainable corporate cash flow. Options flow confirms this sentiment, with traders aggressively buying deep out-of-the-money puts to protect against further crypto volatility while avoiding calls. For a standard investor, this is a high-risk speculative vehicle with no long-term business quality to support a recovery; it is best suited only for those with a specific, short-term thesis on Bitcoin's price action. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.171531 |
| MSTL | 0.174049 |
| AutoETS | 0.177757 |
| AutoARIMA | 0.337592 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 7.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.018 |
| Excess Kurtosis | 0.61 |
As of Aug. 22, 2026, 2:44 a.m. EDT: Speculators are heavily positioning for continued downside, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 40-44) and significant volume spikes in lower strikes. Conversely, call activity is concentrated in the money or slightly out-of-the-money, suggesting a hedge against further drops rather than a bet on a rebound. Implied volatility is significantly elevated for downside protection compared to upside speculation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 5.55% | 20.64% | 8.46% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 228.05 |
| All Time Low | 8.06 |
| Ask | 19.72 |
| Ask Size | 9,600 |
| Average Daily Volume10 Day | 2,084,740 |
| Average Daily Volume3 Month | 1,560,080 |
| Average Volume | 1,560,080 |
| Average Volume10Days | 2,084,740 |
| Beta3 Year | -31.92 |
| Bid | 19.56 |
| Bid Size | 7,900 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.725 |
| Day Low | 19.01 |
| Dividend Yield | 15.29 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.6812 |
| Fifty Day Average Change | -5.1212006 |
| Fifty Day Average Change Percent | -0.20749399 |
| Fifty Two Week Change Percent | 0.21085739 |
| Fifty Two Week High | 30.935 |
| Fifty Two Week High Change | -11.375 |
| Fifty Two Week High Change Percent | -0.36770648 |
| Fifty Two Week Low | 16.575 |
| Fifty Two Week Low Change | 2.9849987 |
| Fifty Two Week Low Change Percent | 0.18009041 |
| Fifty Two Week Range | 16.575 - 30.935 |
| First Trade Date Milliseconds | 1,655,818,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.549999 |
| Fullday Change Percent | 2.89321 |
| Fullday Price | 19.57 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1778087874 |
| Nav Price | 19.3394 |
| Net Assets | 129,727,720.0 |
| Net Expense Ratio | 1.01 |
| Open | 19.16 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.051125918 |
| Post Market Price | 19.57 |
| Post Market Time | 1,787,961,315 |
| Previous Close | 19.01 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.549999 |
| Regular Market Change Percent | 2.89321 |
| Regular Market Day High | 19.725 |
| Regular Market Day Low | 19.01 |
| Regular Market Day Range | 19.01 - 19.725 |
| Regular Market Open | 19.16 |
| Regular Market Previous Close | 19.01 |
| Regular Market Price | 19.56 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,913,699 |
| Short Name | ProShares Short Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITI |
| Three Year Average Return | -0.3924018 |
| Total Assets | 129,727,720 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.32947 |
| Trailing Three Month Returns | 19.32947 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.3246 |
| Two Hundred Day Average Change | -4.7646008 |
| Two Hundred Day Average Change Percent | -0.19587581 |
| Type Disp | ETF |
| Volume | 1,913,699 |
| Yield | 0.1529 |
| Ytd Return | 27.38372 |