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AMEX · BITI

ProShares Short Bitcoin ETF

Financial Services · Asset Management - Leveraged

$19.01

Up+$0.47 (+2.47%)

Updated Aug 28, 2026, 6:05 PM

SID Score

2.8/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
81.99M
P/E ratio
Dividend yield
2.00%
52-week range
$18.95 – $29.38
Volume
1.63M
Avg. volume
2.59M

Price performance

BITI price history

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BITI research

Overview

Company profile and research snapshot.

Company profile

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. The fund does not take a short position in bitcoin directly. 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. Until September 27, 2024, the fund tracked the Bloomberg Galaxy Bitcoin Index.

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defenseworld.net · Nov 5, 2025

ProShares Short Bitcoin ETF (NYSEARCA:BITI) Sees Significant Increase in Short Interest

ProShares Short Bitcoin ETF (NYSEARCA:BITI - Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 385,700 shares, an increase of 44.9% from the September 30th total of 266,200 shares. Based on an average daily trading volume, of 2,265,000 shares, the

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