ProShares Shrt Bitcoin ETF (BITI)
The ETF aims to achieve daily investment results that are inversely correlated to the daily performance of the Bloomberg Bitcoin Index.
ETF Info
74347G184
Jun 21, 2022
1x
Bloomberg Bitcoin Index (-100%)
Expense Ratio
BITI has a high expense ratio of 1.03%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
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Returns By Period
ProShares Shrt Bitcoin ETF (BITI) returned -18.48% year-to-date (YTD) and -45.81% over the past 12 months.
BITI
-18.48%
-12.29%
-17.90%
-45.81%
N/A
N/A
N/A
^GSPC (Benchmark)
-1.34%
5.02%
-3.08%
9.39%
13.76%
14.45%
10.68%
Monthly Returns
The table below presents the monthly returns of BITI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -8.54% | 19.45% | 0.46% | -13.99% | -13.65% | -18.48% | |||||||
| 2024 | -2.43% | -31.94% | -15.07% | 18.78% | -13.73% | 12.50% | -9.40% | 6.80% | -8.28% | -10.01% | -30.50% | 3.62% | -62.60% |
| 2023 | -30.18% | -1.14% | -24.39% | -3.18% | 7.78% | -12.55% | 4.80% | 11.02% | -2.86% | -23.12% | -8.44% | -10.70% | -66.17% |
| 2022 | 10.14% | -25.16% | 16.75% | -0.18% | -5.38% | 8.06% | 1.75% | -0.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BITI is 2, meaning it’s performing worse than 98% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Shrt Bitcoin ETF (BITI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
ProShares Shrt Bitcoin ETF provided a 3.64% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.71 | $0.94 | $2.19 | $0.13 |
Dividend yield | 3.64% | 3.91% | 3.33% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Shrt Bitcoin ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.03 | $0.03 | $0.04 | $0.04 | $0.13 | |||||||
| 2024 | $0.00 | $0.09 | $0.10 | $0.08 | $0.10 | $0.10 | $0.08 | $0.10 | $0.09 | $0.08 | $0.07 | $0.08 | $0.94 |
| 2023 | $0.00 | $0.07 | $0.04 | $0.05 | $0.15 | $0.33 | $0.26 | $0.23 | $0.29 | $0.23 | $0.17 | $0.39 | $2.19 |
| 2022 | $0.13 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Shrt Bitcoin ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Shrt Bitcoin ETF was 91.14%, occurring on May 22, 2025. The portfolio has not yet recovered.
The current ProShares Shrt Bitcoin ETF drawdown is 90.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -91.14% | Nov 10, 2022 | 633 | May 22, 2025 | — | — | — |
| -26.6% | Jul 1, 2022 | 30 | Aug 12, 2022 | 62 | Nov 9, 2022 | 92 |
| -5.57% | Jun 23, 2022 | 2 | Jun 24, 2022 | 4 | Jun 30, 2022 | 6 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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