18-Dec-2025
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Weekly ETF flows: Utilities sector leads inflows as technology stands alone in outflows
Seeking Alpha News (Tue, 16-Dec 1:46 PM ET)
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.
ProShares Short Bitcoin Strategy ETF trades on the ARCA stock market under the symbol BITI.
As of December 18, 2025, BITI stock price climbed to $23.99 with 3,727,012 million shares trading.
BITI has a beta of -0.66, meaning it tends to be less sensitive to market movements. BITI has a correlation of 0.10 to the broad based SPY ETF.
BITI has a market cap of $127.10 million. This is considered a Micro Cap stock.
In the last 3 years, BITI traded as high as $204.35 and as low as $16.58.
BITI has outperformed the market in the last year with a price return of +15.4% while the SPY ETF gained +13.1%. BITI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +32.0% and +9.5%, respectively, while the SPY returned +2.9% and -1.1%, respectively.
BITI support price is $22.84 and resistance is $24.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BITI shares will trade within this expected range on the day.
