ProShares UltraShort Bitcoin ETF (SBIT)Digital Assets | Exchange Traded Fund | NYSEArca
45.17 USD
+0.88
(1.987%)
⇧
(April 21, 2026, 11:03 a.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ★★★★★ | Dividends: ★★★★★ |
Hot Take | April 19, 2026, 12:26 a.m. EDT
With the LBTC model predicting a 2.88% uptrend over 45 days yet traders fronting massive puts at the 38-40 range while Bitcoin momentum remains dead, this inverse leveraged ETF represents the perfect 'bear trap' setup. While the long-term thesis holds for Big Short Sentinel's convergence, the short-term binary is skewed toward a move lower or sideways within a tight range (45-52) before the next leg up. Do not chase the uptrend here; the upcoming weeks likely belong to the sellers until volume confirms a trend reversal back above recent highs. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.314092 |
| AutoETS | 0.318357 |
| MSTL | 0.339657 |
| AutoTheta | 0.395862 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.87 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.321 |
| Excess Kurtosis | 0.19 |
As of April 19, 2026, 12:26 a.m. EDT: Speculators are positioned for significant downside risk adjustment. At the near-term 05-15 expiration, Putwriters are establishing a heavy defense at the 40.0 ($186 OI) and 38.0 ($74 OI) strikes, with IV spiking significantly at lower strikes (26 and 18 strikes), indicating a fear of a sharp drop. Conversely, Call buyers have aggressive exposure at the 55.0 strike (+27.9% volume increase vs peers), but overall OI is skewed heavily toward ITM puts and near-term downside protection. The IV spread shows higher implied volatility for deep OTM puts (118% vs 73% for calls), suggesting the market is pricing in a 'volatility pick-off' scenario on the downside or a crash, rather than a directional rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.47% | 3.74% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.265 | 0.472202 |
| 2026-03-02 | 1.110 | 1.951675 |
| 2026-02-02 | 0.341 | 0.666181 |
| 2025-12-24 | 0.005 | 0.011685 |
| 2025-12-01 | 0.023 | 0.050056 |
| 2025-11-03 | 0.036 | 0.115379 |
| 2025-10-01 | 0.037 | 0.139205 |
| 2025-09-02 | 0.046 | 0.151515 |
| 2025-08-01 | 0.043 | 0.143710 |
| 2025-07-01 | 0.010 | 0.028624 |
| 2025-06-02 | 0.005 | 0.013890 |
| 2025-03-03 | 0.010 | 0.016067 |
| 2025-02-03 | 0.005 | 0.010808 |
| 2024-12-23 | 0.005 | 0.008617 |
| 2024-09-03 | 0.010 | 0.005213 |
| 2024-08-01 | 0.065 | 0.035412 |
| 2024-07-01 | 0.155 | 0.078398 |
| 2024-06-03 | 0.225 | 0.130855 |
| 2024-05-01 | 0.135 | 0.050224 |
| Attribute | Value |
|---|---|
| All Time High | 282.8 |
| All Time Low | 23.6 |
| Ask | 44.5 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 1,222,040 |
| Average Daily Volume3 Month | 1,985,698 |
| Average Volume | 1,985,698 |
| Average Volume10Days | 1,222,040 |
| Beta3 Year | 0.0 |
| Bid | 44.46 |
| Bid Size | 600 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 45.17 |
| Day Low | 44.11 |
| Dividend Yield | 2.91 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 55.751 |
| Fifty Day Average Change | -10.581001 |
| Fifty Day Average Change Percent | -0.18979034 |
| Fifty Two Week Change Percent | -10.61554 |
| Fifty Two Week High | 76.515 |
| Fifty Two Week High Change | -31.345001 |
| Fifty Two Week High Change Percent | -0.40965825 |
| Fifty Two Week Low | 23.6 |
| Fifty Two Week Low Change | 21.569998 |
| Fifty Two Week Low Change Percent | 0.9139829 |
| Fifty Two Week Range | 23.6 - 76.515 |
| First Trade Date Milliseconds | 1,712,064,600,000 |
| Full Exchange Name | NYSEArca |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1870963239 |
| Nav Price | 44.3399 |
| Net Assets | 206,914,976.0 |
| Net Expense Ratio | 0.97 |
| Open | 44.665 |
| Previous Close | 44.29 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.87999725 |
| Regular Market Change Percent | 1.9868983 |
| Regular Market Day High | 45.17 |
| Regular Market Day Low | 44.11 |
| Regular Market Day Range | 44.11 - 45.17 |
| Regular Market Open | 44.665 |
| Regular Market Previous Close | 44.29 |
| Regular Market Price | 45.17 |
| Regular Market Time | 1,776,783,784 |
| Regular Market Volume | 276,603 |
| Short Name | ProShares UltraShort Bitcoin ET |
| Source Interval | 15 |
| Symbol | SBIT |
| Total Assets | 206,914,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 32.97339 |
| Trailing Three Month Returns | 32.97339 |
| Triggerable | 1 |
| Two Hundred Day Average | 40.1568 |
| Two Hundred Day Average Change | 5.013199 |
| Two Hundred Day Average Change Percent | 0.124840595 |
| Type Disp | ETF |
| Volume | 276,603 |
| Yield | 0.0291 |
| Ytd Return | 32.97339 |