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This ETF is designed to deliver daily investment returns, calculated prior to any associated costs or fees, that precisely track two times the inverse (-2x) of the Bloomberg Bitcoin Index's performance each day.
Is SBIT's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
The ProShares UltraShort Bitcoin ETF is rated Buy for tactical traders seeking short-term, defined-risk hedges against Bitcoin after BTC's double rejection at $81,000. SBIT's -2x daily leverage makes it highly sensitive to Bitcoin's direction; it thrives in sharp BTC declines but suffers in rallies or sideways markets due to volatility decay. Key entry for SBIT is $36–$38, with targets at $44 and $50; invalidation occurs if BTC reclaims $81,200 with conviction or SBIT closes below $32.
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
ProShares Ultra Short Bitcoin ETF (NYSEARCA:SBIT - Get Free Report) shares dropped 1.5% during trading on Wednesday. The company traded as low as $54.41 and last traded at $56.12. Approximately 986,872 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 2,220,242 shares. The stock had previously closed
It seemed for a while that a meteoric—if uneven—rise in Bitcoin was all but inevitable, as the top cryptocurrency flew past the $100,000 threshold midway through 2025. However, an October high couldn't last, and despite making a modest recovery to end the year, BTC is once again plummeting early in 2026.
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.