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BITI ETF Profile


Family: ProShares
Name: ProShares Short Bitcoin Strategy ETF
Inception Date: 21-Jun-2022
Termination Date:
Investment Objective: This short ProShares ETF seeks a return that is -1x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. The fund provides an opportunity to profit when the daily price of bitcoin declines. The Fund seeks to invest in cash settled, front month bitcoin futures. The Fund may also invest in back month, cash settled bitcoin futures contracts. Front month bitcoin futures contracts are those contracts with the shortest time to maturity. Back month bitcoin futures contracts are those with longer times to maturity.
Prospectus
Top 10 Holdings
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Number of Holdings:
Shares Outstanding: 4,617,880
Total Net Assets: 98,037,590
NAV: 21.24
Net Expense Ratio: 1.03%
Asset Class: CryptoCurrency
Developed or Emerging: Funds Combining Developed & Emerging Exposure
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Leverage Direction/Factor: Inverse (-1)
Is Currency Hedged: No
US or Ex-US: Global
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