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ProShares UltraShort Bitcoin ETF
SBIT performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 31, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -10.75% | +43.24% | +39.52% | +112.05% | ||
| Flows | -$9M | -$76M | -$12M | -$3M | - | - |
Characteristics
The ProShares UltraShort Bitcoin ETF is built to track the Bloomberg Bitcoin Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | ProShares |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Cryptocurrencies |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | April 2, 2024 |
| ESG | No |
More data and info about SBIT on Trackinsight
SBIT's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +74.37% | +89.11% | ||
Max drawdown | -23.25% | -47.77% | ||
Max drawdown duration | 31d | 176d | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of August 3, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is SBIT?
SBIT is a Passive ETF that provides exposure to Cryptocurrencies assets. It is managed by ProShares.
What index does SBIT track?
SBIT tracks the Bloomberg Bitcoin Index - USD, aiming to replicate its performance through unfunded swap.
What does SBIT invest in?
This ETF provides inverse exposure (-2x) to Bitcoin. It is part of the segment: Other Inverse Products.
What is the expense ratio of SBIT?
The total expense ratio (TER) of SBIT is 0.97%, representing the annual fee charged by the fund manager.
When was SBIT launched?
SBIT was launched on April 2, 2024, marking its entry into the ETF market.
Who is the issuer of SBIT?
SBIT is issued by ProShares.
What is the AUM of SBIT?
As of July 31, 2026, SBIT manages $176.54 M, reflecting the total assets held in the fund.
How has SBIT performed recently?
As of July 31, 2026, SBIT delivered a return of -10.75% over the past month (1M performance), 43.24% over the past three months (3M), and 39.52% year-to-date (YTD).
What are the recent fund flows for SBIT?
As of July 31, 2026, SBIT has seen net flows of -$9M in the past month (1M flow) and -$12M year-to-date (YTD).
Does SBIT pay dividends?
As of July 31, 2026, SBIT has a trailing 12-month distribution yield of 4.1%.
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