# ProShares UltraShort Bitcoin ETF (SBIT) — Overview

SBIT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/sbit

## Price

Last close $31.32 on Oct 15, 2026. 52-week range $27.95 – $74.47.

## Fund profile

SBIT tracks -2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide inverse exposure to Bitcoin.

| Metric | Value |
| --- | --- |
| Issuer | ProShare Advisors |
| Industry | — |
| Inception | Apr 1, 2024 |
| Assets under management | $128.1M |
| Expense ratio | 0.95% |
| Net asset value | $31.76 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 2x |

## Frequently Asked Questions

### What is ProShares UltraShort Bitcoin ETF (SBIT)?

SBIT tracks -2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide inverse exposure to Bitcoin.

### What is SBIT's expense ratio?

ProShares UltraShort Bitcoin ETF charges an annual expense ratio of 0.95%. The fund is issued by ProShare Advisors.

### How large is SBIT?

ProShares UltraShort Bitcoin ETF manages $128.1M in assets and has traded since Apr 1, 2024.

### How do I buy shares of ProShares UltraShort Bitcoin ETF (SBIT)?

SBIT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).