ProShares Short Bitcoin ETF (SBIT)

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ProShares Short Bitcoin ETF (SBIT) provides -1x inverse exposure to Bitcoin futures, designed for investors seeking to profit from Bitcoin price declines or hedge existing Bitcoin exposure. Listed on NYSE Arca, it uses Bitcoin futures contracts rather than holding Bitcoin directly. As a leveraged/inverse fund, it is intended for short-term tactical use and subject to daily rebalancing decay over longer holding periods.

Details

Type
Inverse Bitcoin ETF
Issuer
ProShares
Region
USA
Ticker
SBIT
Exchange
NYSE Arca
Leverage
-1x
Strategy
Short Bitcoin via futures
Fund Type
inverse_etf
Derivatives
Yes
Expense Ratio
0.95%
Inception Date
2022-06-21
Physically Backed
No

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