ProShares Short Bitcoin ETF (BITI)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
23.13 USD
+0.36
(1.581%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 18, 2026, 11:27 p.m. EDT
Bearish Short-Term Momentum with High Conviction. Despite recent consolidation in the 23-27 range, the options market is screaming caution. The massive put open interest at 24-26 strikes sets a hard overhead resistance for the short ETF, capping upside and increasing the probability of a trend back to the lows (or at least sustained volatility below current levels). For a short seller, this is a high-R:R setup; for a long holder, the data suggests holding will be painful due to delta decay and the high probability of a test of bid-side support. The 'trapped call buyer' dynamic at 26.0 short-term suggests a potential squeeze lower if BTC rallies beyond that payoff. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.182882 |
| MSTL | 0.185324 |
| AutoTheta | 0.217855 |
| AutoARIMA | 0.254727 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 78% |
| H-stat | 0.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.180 |
| Excess Kurtosis | 0.92 |
As of April 18, 2026, 11:27 p.m. EDT: Speculators are heavily positioning downside protection (puts) significantly outweighing calls. In the nearest expiration (May 15), puts show massive OI concentration at 26.0 and 24.0 strikes, creating a dense resistance wall for the underlying (and thus a support ceiling for BITI). Open Interest for puts is extremely elevated relative to volume compared to calls. This implies a strong consensus that speculators expect the underlying Bitcoin price to hold support or decline, capping a potential rebound for the short ETF. The IV skew favors puts, indicating settled fear or active hedging against a drop.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.28% | 8.75% | 4.78% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.591 | 2.277457 |
| 2026-03-02 | 0.953 | 3.686101 |
| 2026-02-02 | 0.314 | 1.311519 |
| 2025-12-24 | 0.042 | 0.193829 |
| 2025-12-01 | 0.019 | 0.085273 |
| 2025-11-03 | 0.023 | 0.126599 |
| 2025-10-01 | 0.033 | 0.198878 |
| 2025-09-02 | 0.030 | 0.170429 |
| 2025-08-01 | 0.032 | 0.184701 |
| 2025-07-01 | 0.034 | 0.182898 |
| 2025-06-02 | 0.029 | 0.154884 |
| 2025-05-01 | 0.035 | 0.173034 |
| 2025-04-01 | 0.038 | 0.162462 |
| 2025-03-03 | 0.031 | 0.131382 |
| 2025-02-03 | 0.025 | 0.123944 |
| 2024-12-23 | 0.051 | 0.230666 |
| 2024-12-02 | 0.028 | 0.129661 |
| 2024-11-01 | 0.065 | 0.210107 |
| 2024-10-01 | 0.075 | 0.214680 |
| 2024-09-03 | 0.085 | 0.226634 |
| 2024-08-01 | 0.095 | 0.266777 |
| 2024-07-01 | 0.080 | 0.220985 |
| 2024-06-03 | 0.100 | 0.300853 |
| 2024-05-01 | 0.100 | 0.244989 |
| 2024-04-01 | 0.075 | 0.222519 |
| 2024-03-01 | 0.095 | 0.247127 |
| 2024-02-01 | 0.090 | 0.158395 |
| 2023-12-20 | 0.190 | 0.335919 |
| 2023-12-01 | 0.205 | 0.319957 |
| 2023-11-01 | 0.170 | 0.236724 |
| 2023-10-02 | 0.225 | 0.250122 |
| 2023-09-01 | 0.290 | 0.294702 |
| 2023-08-01 | 0.225 | 0.260052 |
| 2023-07-03 | 0.255 | 0.315373 |
| 2023-06-01 | 0.330 | 0.346191 |
| 2023-05-01 | 0.145 | 0.156478 |
| 2023-04-03 | 0.050 | 0.054138 |
| 2023-03-01 | 0.035 | 0.029337 |
| 2023-02-01 | 0.070 | 0.058926 |
| 2022-12-22 | 0.130 | 0.074773 |
| Attribute | Value |
|---|---|
| All Time High | 228.05 |
| All Time Low | 8.06 |
| Ask | 0.0 |
| Ask Size | 19,300 |
| Average Daily Volume10 Day | 1,858,570 |
| Average Daily Volume3 Month | 2,532,598 |
| Average Volume | 2,532,598 |
| Average Volume10Days | 1,858,570 |
| Beta3 Year | -17.74 |
| Bid | 0.0 |
| Bid Size | 18,700 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.6099 |
| Day Low | 23.0702 |
| Dividend Yield | 5.93 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.2548 |
| Fifty Day Average Change | -3.1248016 |
| Fifty Day Average Change Percent | -0.119018294 |
| Fifty Two Week Change Percent | -0.08639097 |
| Fifty Two Week High | 30.935 |
| Fifty Two Week High Change | -7.8050003 |
| Fifty Two Week High Change Percent | -0.25230324 |
| Fifty Two Week Low | 16.575 |
| Fifty Two Week Low Change | 6.5549984 |
| Fifty Two Week Low Change Percent | 0.395475 |
| Fifty Two Week Range | 16.575 - 30.935 |
| First Trade Date Milliseconds | 1,655,818,200,000 |
| Full Exchange Name | NYSEArca |
| 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 | 23.1329 |
| Net Assets | 166,038,992.0 |
| Net Expense Ratio | 1.01 |
| Open | 23.46 |
| Pre Market Change | 0.07999992 |
| Pre Market Change Percent | 0.34587085 |
| Pre Market Price | 23.21 |
| Pre Market Time | 1,776,777,599 |
| Previous Close | 22.77 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.359999 |
| Regular Market Change Percent | 1.58102 |
| Regular Market Day High | 23.6099 |
| Regular Market Day Low | 23.0702 |
| Regular Market Day Range | 23.0702 - 23.6099 |
| Regular Market Open | 23.46 |
| Regular Market Previous Close | 22.77 |
| Regular Market Price | 23.13 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 1,154,275 |
| Short Name | ProShares Short Bitcoin ETF |
| Source Interval | 15 |
| Symbol | BITI |
| Three Year Average Return | -0.3690412 |
| Total Assets | 166,038,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.60213 |
| Trailing Three Month Returns | 20.60213 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.723 |
| Two Hundred Day Average Change | 1.4069996 |
| Two Hundred Day Average Change Percent | 0.06477004 |
| Type Disp | ETF |
| Volume | 1,154,275 |
| Yield | 0.059299998 |
| Ytd Return | 20.60213 |