SeekingAlpha · Sep 8, 2026
BITI: A Way To Play Bitcoin Recovery Without A Wallet
Sell BITI as a standalone holding: its daily-reset inverse futures structure can decay over time.
NYSE · BITI
ProShares Short Bitcoin ETF
Financial Services · Asset Management - Leveraged
$19.37
Down-$1.19 (-6.14%)
Updated Sep 19, 2026, 1:11 AM
SID Score
3.1/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 81.99M
- P/E ratio
- —
- Dividend yield
- 1.96%
- 52-week range
- $18.12 – $29.38
- Volume
- 533.9K
- Avg. volume
- 2.59M
Price performance
BITI price history
1M range · 19 trading sessions · Daily adjusted prices
BITI closed at $19.37 after 19 trading sessions, down 1.58% for the selected period.
- Last close
- $19.37
- Period change
- -1.58%
- Period low
- $18.12
- Period high
- $19.68
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 17, 2026 | $19.40 | $19.54 | $19.25 | $19.37 | 533.9K |
| Sep 16, 2026 | $19.595 | $19.7799 | $19.39 | $19.51 | 2.26M |
| Sep 15, 2026 | $19.30 | $19.7703 | $19.19 | $19.48 | 2.81M |
| Sep 14, 2026 | $19.08 | $19.08 | $18.70 | $18.78 | 984.66K |
| Sep 11, 2026 | $19.15 | $19.31 | $18.565 | $19.20 | 1.31M |
| Sep 10, 2026 | $19.30 | $19.34 | $19.135 | $19.23 | 936.83K |
| Sep 9, 2026 | $18.62 | $19.01 | $18.62 | $18.95 | 766.64K |
| Sep 8, 2026 | $18.93 | $19.11 | $18.77 | $18.89 | 842.48K |
| Sep 4, 2026 | $18.69 | $18.845 | $18.56 | $18.56 | 1.24M |
| Sep 3, 2026 | $18.97 | $18.97 | $18.115 | $18.12 | 2.28M |
| Sep 2, 2026 | $19.34 | $19.425 | $19.18 | $19.24 | 797.7K |
| Sep 1, 2026 | $19.13 | $19.4551 | $18.97 | $19.24 | 1.1M |
| Aug 31, 2026 | $19.44 | $19.53 | $19.13 | $19.21 | 1.29M |
| Aug 28, 2026 | $19.16 | $19.725 | $19.01 | $19.56 | 1.94M |
| Aug 27, 2026 | $19.12 | $19.24 | $18.76 | $19.01 | 1.63M |
| Aug 26, 2026 | $19.42 | $19.55 | $19.30 | $19.32 | 1.26M |
| Aug 25, 2026 | $19.29 | $19.42 | $19.0684 | $19.24 | 2.19M |
| Aug 24, 2026 | $19.20 | $19.495 | $18.945 | $19.25 | 2.85M |
| Aug 21, 2026 | $19.69 | $19.91 | $19.44 | $19.68 | 4.58M |
Latest BITI news
The latest Smart Investors Daily articles mentioning BITI.
Stock researchCompany · Overview
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.
Analyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
News briefing
No generated briefing is available yet.
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
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
