SBIT ETF Analysis: Proshares Ultrashort Bitcoin | NYSE

Digital Assets | NYSE, USA | Market Cap: 200m USD | 12M Return: 78.3% | Charts, Fundamentals & Technical Analysis

Inverse Bitcoin, Digital Assets, Cryptocurrency, Short Strategy
Total Rating 72
Safety 46
Buy Signal 0.35
Digital Assets
Category Rotation: +25.8
AUM: 200M
Avg Turnover: 61.6M
Risk 3d forecast
Volatility90.7%
VaR 5th Pctl17.0%
VaR vs Median4.03%
Reward TTM
Sharpe Ratio1.08
Rel. Str. IBD92
Rel. Str. Peer Group98.1
Character TTM
Beta-3.128
Beta Downside-3.399
Hurst Exponent0.511
Drawdowns 3y
Max DD91.35%
CAGR/Max DD-0.48
CAGR/Mean DD-0.63

Warnings

Choppy

Tailwinds

Rs Leader

Seasonality 2.2 years of data

Jan +4.8% -
Feb +40.9% -
Mar -9.2% -
Apr -16.8% 38
May +0.1% 0
Jun +27.1% 34
Jul +1.2% -
Aug +36.9% -
Sep +2.5% -
Oct +15.7% -
Nov +46.6% -
Dec +8.9% -

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SBIT Proshares Ultrashort Bitcoin

The ProShares UltraShort Bitcoin ETF (SBIT) seeks to deliver the inverse of bitcoins daily performance, using an index that tracks the price of bitcoin traded in USD as a proxy for the broader bitcoin market. Rather than holding bitcoin directly, the fund invests at least 80% of its assets in financial instruments-such as derivatives-that ProShare Advisors expects to produce returns aligned with the funds daily target. The fund is structured as non-diversified, meaning its performance is concentrated in a single underlying exposure.

As an ultrashort product launched in April 2024 and classified within the digital assets ETF category, SBIT belongs to a specialized segment of exchange-traded products built for short-term tactical positioning or hedging rather than long-term buy-and-hold investing. This category of inverse and leveraged cryptocurrency ETFs is generally intended for sophisticated investors, as these products rely on daily rebalancing mechanics and compounding effects that can cause returns to diverge significantly from a simple inverse multiple over longer holding periods.

Headlines to Watch Out For
  • Bitcoin price declines boost leveraged inverse ETF returns
  • Bitcoin futures contango creates daily performance drag
  • Crypto ETF competition intensifies AUM growth pressure
What is the price of SBIT shares?

As of July 07, 2026, the stock is trading at USD 58.40 with a total of 935,034 shares traded. Over the past week, the price has changed by -12.89%, over one month by -3.68%, over three months by +10.41% and over the past year by +78.33%.

Current recommended Stop Loss: 52.20 (which is 10.6% or 1.4 ATR below the current price).

Is SBIT a buy, sell or hold?

Proshares Ultrashort Bitcoin has no consensus analysts rating.