ProShares Short Bitcoin Strategy ETF (BITI)
21.67
+0.08
(+0.37%)
USD |
NYSEARCA |
Sep 26, 16:00
21.67
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.95% | -0.03% | 74.67M | 1.020M |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
1.30% | -- | 41.51M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P CME Bitcoin Futures Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund’s investment objective. The fund does not invest directly in bitcoin nor does it directly short bitcoin. Instead, the fund seeks to benefit from decreases in the price of bitcoin futures contracts for a single day. The index measures the performance of the front-month bitcoin futures contract trading on the CME. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Miscellaneous |
Category Index | ICE BofA USD 3M Dep OR CM TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | ProShares |
Prospectus Benchmark Index | |
S&P CME Bitcoin Futures TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Alexander Ilyasov | 1.20 yrs |
George Banian | 1.20 yrs |
Performance Versus Category
As of September 26, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of September 26, 2023.
Asset Allocation
Type | % Net | % Long | % Short |
---|---|---|---|
Cash | -- | -- | -- |
Stock | -- | -- | -- |
Bond | -- | -- | -- |
Convertible | -- | -- | -- |
Preferred | -- | -- | -- |
Other | -- | -- | -- |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P CME Bitcoin Futures Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund’s investment objective. The fund does not invest directly in bitcoin nor does it directly short bitcoin. Instead, the fund seeks to benefit from decreases in the price of bitcoin futures contracts for a single day. The index measures the performance of the front-month bitcoin futures contract trading on the CME. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Miscellaneous |
Category Index | ICE BofA USD 3M Dep OR CM TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | ProShares |
Prospectus Benchmark Index | |
S&P CME Bitcoin Futures TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Alexander Ilyasov | 1.20 yrs |
George Banian | 1.20 yrs |