This list is based on the watchlists of people on Stock Events who follow BITI. It's not an investment recommendation.
This list is an analysis based on recent market events. It's not an investment recommendation.
BITI is the first US ETF to provide inverse exposure to Bitcoin. It aims to profit from the price decline of Bitcoin for a single day. Bitcoin pricing is sourced from the Bloomberg Bitcoin Crypto Fixing Rate (CFIX). The index price is a composite of US dollar-Bitcoin trading activity reported by digital asset trading platforms. The fund does not take a short position in bitcoin directly. To obtain inverse exposure to the index, the fund primarily invests in standardized, cash-settled Bitcoin futures contracts. Returns of the fund can vary significantly from -1x exposure if held for longer than a day. As an inverse product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle. The fund itself gains exposure through a wholly owned Cayman Islands subsidiary. Before March 15, 2024, the fund tracked the S&P CME Bitcoin Futures Index. Until September 27, 2024, the fund tracked the Bloomberg Galaxy Bitcoin Index.
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FAQ
What is ProShares Short Bitcoin stock price today?▼
The current price of BITI is $25.78 USD — it has increased by +1.82% in the past 24 hours. Watch ProShares Short Bitcoin stock price performance more closely on the chart.
What is ProShares Short Bitcoin stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange ProShares Short Bitcoin stocks are traded under the ticker BITI.
Is ProShares Short Bitcoin stock price growing?▼
BITI stock has fallen by -3.08% compared to the previous week, the month change is a -3.08% fall, over the last year ProShares Short Bitcoin has showed a -5.8% decrease.
Does ProShares Short Bitcoin pay dividends?▼
Yes, BITI dividends are paid monthly. The last dividend per share was 0.95 USD. As of today, Dividend Yield (FWD)% is 8.43%.
When did ProShares Short Bitcoin complete a stock split?▼
The last stock split for ProShares Short Bitcoin was on November 07, 2024 with a ratio of 1:5.