ProShares UltraShort Bitcoin ETF (SBIT)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
31.32 USD
-0.44
(-1.385%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 31.41 +0.09 (0.287%) ⇧ (Oct. 15, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 3:25 a.m. EDT
This instrument is a leveraged inverse bet on Bitcoin, and the data confirms a brutal, multi-year collapse. The price has plummeted roughly 85% in the last year, dragging the fund's performance into the red alongside the underlying asset. The recent price action shows a fragile recovery attempt, bouncing off lows but failing to breach the 50-day moving average, leaving it trapped in a downtrend. The options market screams caution; traders are buying deep protection at strikes significantly higher than the current price, while call buyers are scarce. This is not a value opportunity; it is a distressed asset reflecting a failed trade on the underlying crypto market. The high dividend yield is a mechanical artifact of the fund's losses, not a sustainable income stream. For a standard investor, this is a clear avoid. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.338404 |
| AutoETS | 0.343170 |
| MSTL | 0.356908 |
| AutoARIMA | 0.376311 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 544.36 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.094 |
| Excess Kurtosis | -1.47 |
As of Oct. 10, 2026, 3:25 a.m. EDT: Speculators are heavily positioned for continued downside, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 55, 56, 60, 61) compared to negligible call interest beyond the money. While there is some fresh volume in near-term calls around the $30-$31 strike, the overwhelming capital allocation is in protective puts far away from current prices, suggesting a 'crash' scenario rather than a rebound.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.20% | 5.62% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.058 | 0.195814 |
| 2026-09-01 | 0.163 | 0.440184 |
| 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 | 0.0 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 1,526,850 |
| Average Daily Volume3 Month | 998,701 |
| Average Volume | 998,701 |
| Average Volume10Days | 1,526,850 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,000 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.31 |
| Day Low | 31.09 |
| Display Name | UltraShort Bitcoin ETF |
| Dividend Yield | 9.89 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.3374 |
| Fifty Day Average Change | -7.017399 |
| Fifty Day Average Change Percent | -0.18304317 |
| Fifty Two Week Change Percent | -3.670001 |
| Fifty Two Week High | 76.515 |
| Fifty Two Week High Change | -45.195 |
| Fifty Two Week High Change Percent | -0.5906685 |
| Fifty Two Week Low | 27.362 |
| Fifty Two Week Low Change | 3.9580002 |
| Fifty Two Week Low Change Percent | 0.14465317 |
| Fifty Two Week Range | 27.362 - 76.515 |
| First Trade Date Milliseconds | 1,712,064,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.22999954 |
| Fullday Change Percent | -0.7241799 |
| Fullday Price | 31.32 |
| 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1870963239 |
| Nav Price | 31.7596 |
| Net Assets | 127,536,104.0 |
| Net Expense Ratio | 0.95 |
| Open | 32.98 |
| Post Market Change | 0.09000015 |
| Post Market Change Percent | 0.28735682 |
| Post Market Price | 31.41 |
| Post Market Time | 1,792,108,655 |
| Previous Close | 31.76 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.440001 |
| Regular Market Change Percent | -1.38539 |
| Regular Market Day High | 33.31 |
| Regular Market Day Low | 31.09 |
| Regular Market Day Range | 31.09 - 33.31 |
| Regular Market Open | 32.98 |
| Regular Market Previous Close | 31.76 |
| Regular Market Price | 31.32 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 2,053,029 |
| Short Name | ProShares UltraShort Bitcoin ET |
| Source Interval | 15 |
| Symbol | SBIT |
| Total Assets | 127,536,104 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -55.39824 |
| Trailing Three Month Returns | -55.39824 |
| Triggerable | 1 |
| Two Hundred Day Average | 48.6871 |
| Two Hundred Day Average Change | -17.3671 |
| Two Hundred Day Average Change Percent | -0.35670844 |
| Type Disp | ETF |
| Volume | 2,053,029 |
| Yield | 0.098900005 |
| Ytd Return | -27.08656 |