ProShares Trust ProShares Short Bitcoin Strategy ETFProShares Trust ProShares Short Bitcoin Strategy ETFProShares Trust ProShares Short Bitcoin Strategy ETF

ProShares Trust ProShares Short Bitcoin Strategy ETF

No trades
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Key stats

Assets under management (AUM)
‪87.61 M‬USD
Fund flows (1Y)
‪15.99 M‬USD
Dividend yield (indicated)
5.38%
Discount/Premium to NAV
0.01%

About ProShares Trust ProShares Short Bitcoin Strategy ETF

Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
1.33%
Home page
Inception date
Jun 21, 2022
Index tracked
Bloomberg Galaxy Bitcoin
Management style
Passive
ISIN
US74347G2912
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. 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.

Classification

Asset Class
Currency
Category
Pair
Focus
Long USD, short Bitcoin
Niche
Derivative
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash114494.71%
Miscellaneous−114394.71%

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy