ProShares UltraShort Bitcoin ETF (SBIT)Digital Assets | Exchange Traded Fund | NYSEArca
37.00 USD
+2.14
(6.139%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 36.52 -0.48 (-0.484%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:58 a.m. EDT
The most critical signal here is the catastrophic multi-year decline; the asset has lost 84.67% of its value over the last year, dropping from roughly $186 to under $29. This is not a temporary correction but a structural implosion driven by the collapse of the underlying Bitcoin price. While the 4.1% dividend yield looks attractive on paper, it is a trap: these distributions are likely NAV erosion, returning capital to shareholders to prop up the price rather than funding sustainable growth. The recent price action confirms this distress, with the share price plummeting from $58 to $37 in just two trading sessions. Options flow is screaming 'sell,' with massive put walls erected at levels far above the current price and almost zero call support. The statistical forecast model offers a weak, low-confidence lean upward, which is irrelevant given the overwhelming evidence of a broken business model and a leveraged inverse structure that amplifies losses. Avoid this security entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.218658 |
| MSTL | 0.232604 |
| AutoETS | 0.240124 |
| AutoARIMA | 0.373605 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 10.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.19 |
As of Aug. 22, 2026, 2:58 a.m. EDT: Speculators are aggressively positioning for further downside. In the near term (Sept 2026), put volume is concentrated at strikes significantly above the current price (47, 55, 65), while call activity is negligible. For the November expiration, there is a massive wall of open interest in puts at 56 and 61, alongside heavy new call volume at 70, suggesting a 'bearish gamma' setup where rallies will face stiff resistance. The February 2027 data shows overwhelming open interest in deep out-of-the-money puts (30, 45, 70) with virtually no call support, indicating a long-term bearish thesis that the asset will struggle to recover from its lows.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.91% | 5.26% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.516 | 0.908451 |
| 2026-07-01 | 0.432 | 0.653951 |
| 2026-06-01 | 0.047 | 0.095103 |
| 2026-05-01 | 0.035 | 0.084216 |
| 2026-04-01 | 0.265 | 0.472202 |
| 2026-03-02 | 1.110 | 1.942597 |
| 2026-02-02 | 0.341 | 0.651758 |
| 2025-12-24 | 0.005 | 0.011348 |
| 2025-12-01 | 0.023 | 0.048605 |
| 2025-11-03 | 0.036 | 0.111975 |
| 2025-10-01 | 0.037 | 0.134938 |
| 2025-09-02 | 0.046 | 0.146684 |
| 2025-08-01 | 0.043 | 0.138934 |
| 2025-07-01 | 0.010 | 0.027632 |
| 2025-06-02 | 0.005 | 0.013405 |
| 2025-03-03 | 0.010 | 0.015504 |
| 2025-02-03 | 0.005 | 0.010428 |
| 2024-12-23 | 0.005 | 0.008313 |
| 2024-09-03 | 0.010 | 0.005029 |
| 2024-08-01 | 0.065 | 0.034157 |
| 2024-07-01 | 0.155 | 0.075591 |
| 2024-06-03 | 0.225 | 0.126086 |
| 2024-05-01 | 0.135 | 0.048335 |
| Attribute | Value |
|---|---|
| All Time High | 282.8 |
| All Time Low | 23.6 |
| Ask | 37.02 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 1,342,810 |
| Average Daily Volume3 Month | 849,339 |
| Average Volume | 849,339 |
| Average Volume10Days | 1,342,810 |
| Beta3 Year | 0.0 |
| Bid | 36.5 |
| Bid Size | 800 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 37.59 |
| Day Low | 34.89 |
| Dividend Yield | 4.1 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 55.5858 |
| Fifty Day Average Change | -18.5858 |
| Fifty Day Average Change Percent | -0.3343624 |
| Fifty Two Week Change Percent | 17.984688 |
| Fifty Two Week High | 76.515 |
| Fifty Two Week High Change | -39.515 |
| Fifty Two Week High Change Percent | -0.51643467 |
| Fifty Two Week Low | 23.6 |
| Fifty Two Week Low Change | 13.4 |
| Fifty Two Week Low Change Percent | 0.5677966 |
| Fifty Two Week Range | 23.6 - 76.515 |
| First Trade Date Milliseconds | 1,712,064,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 2.14 |
| Fullday Change Percent | 6.13884 |
| Fullday Price | 36.5165 |
| Fund Family | ProShares |
| Fund Inception Date | 1,711,929,600 |
| 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 index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. Under normal circumstances, the fund will invest at least 80% of the fund’s assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund is non-diversified. |
| Long Name | ProShares UltraShort Bitcoin ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1870963239 |
| Nav Price | 34.8765 |
| Net Assets | 176,540,208.0 |
| Net Expense Ratio | 0.97 |
| Open | 35.5 |
| Post Market Change | -0.48350143 |
| Post Market Change Percent | -1.3067607 |
| Post Market Price | 36.5165 |
| Post Market Time | 1,787,961,575 |
| Previous Close | 34.86 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.14 |
| Regular Market Change Percent | 6.13884 |
| Regular Market Day High | 37.59 |
| Regular Market Day Low | 34.89 |
| Regular Market Day Range | 34.89 - 37.59 |
| Regular Market Open | 35.5 |
| Regular Market Previous Close | 34.86 |
| Regular Market Price | 37.0 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,416,944 |
| Short Name | ProShares UltraShort Bitcoin ET |
| Source Interval | 15 |
| Symbol | SBIT |
| Total Assets | 176,540,208 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 35.70748 |
| Trailing Three Month Returns | 35.70748 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.2682 |
| Two Hundred Day Average Change | -13.2682 |
| Two Hundred Day Average Change Percent | -0.26394817 |
| Type Disp | ETF |
| Volume | 1,416,944 |
| Yield | 0.040999997 |
| Ytd Return | 39.52308 |