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ProShares Short Bitcoin ETF

BITI·ARCA
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Key Stats

Assets Under Management
113.63MUSD
Fund Flow (1Y)
33.82MUSD
Dividend Yield
28.99%
Discount / Premium to NAV
-0.06%
Shares Outstanding
6.00M
Expense Ratio
1.03%

About ProShares Short Bitcoin ETF

Issuer
ProShare Advisors
Brand
ProShares
Inception Date
Jun 21, 2022
Structure
Open-Ended Fund
ISIN
US74347G1849
CFI Code
CEOJLS
Index Tracked
Bloomberg Bitcoin Index
Replication Strategy
Synthetic
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
No distributions
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
BITI is the first US ETF to provide inverse exposure to bitcoin futures, it aims to profit from the price decline of bitcoin futures traded on the CME Futures Exchange for a single day. CME's Bitcoin futures contract is a USD cash-settled contract based on the CME CF Bitcoin Reference Rate (BRR), which serves as a once-a-day reference rate of the USD price of bitcoin. The BRR aggregates the bitcoin trading activity across major bitcoin spot trading venues during a one-hour calculation window into the USD price of one bitcoin as of 4 p.m. London Time. Returns can vary significantly from -1x exposure, if held for longer than a day. As a geared 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.

Classification

Asset Class
Currency
Category
Pair
Focus
Long USD, Short BTC
Niche
Derivative
Strategy
Vanilla
Geography
Global
Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Asset

Holdings

Symbol

Ratio

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CME BITCOIN FUT DIGITAL ASSETS 25/SEP/2026 BTCU6 CURNCY

-99.83%

Top 10 Weight -99.83%

1 Total Holdings

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

Technicals

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FAQ

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