(SBIT) Proshares Ultrashort Bitcoin - Overview
Etf: Inverse, Bitcoin, Daily, Leveraged, Etf
Dividends
| Dividend Yield | 1.28% |
| Yield on Cost 5y | 0.23% |
| Yield CAGR 5y | 127.47% |
| Payout Consistency | 82.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 182% |
| Relative Tail Risk | 3.37% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | 35.32 |
| Character TTM | |
|---|---|
| Beta | -2.027 |
| Beta Downside | -1.330 |
| Drawdowns 3y | |
|---|---|
| Max DD | 91.35% |
| CAGR/Max DD | -0.55 |
Description: SBIT Proshares Ultrashort Bitcoin December 22, 2025
The ProShares UltraShort Bitcoin ETF (NYSE ARCA: SBIT) aims to track the inverse performance of a single Bitcoin price quoted in USD, delivering daily returns that are the opposite of Bitcoin’s movements. To achieve this, the fund must allocate at least 80% of its assets to financial instruments-such as futures, swaps, or other derivatives-that the manager believes will generate daily returns consistent with the inverse target. Because the ETF is non-diversified, its performance is tightly coupled to Bitcoin’s price volatility.
Key market drivers that influence SBIT’s risk-adjusted returns include: (1) Bitcoin’s 30-day realized volatility, which has averaged around 55% in 2024, amplifying both upside and downside exposure; (2) changes in U.S. monetary policy, as tighter rates tend to strengthen the dollar and can depress crypto demand; and (3) regulatory developments, particularly SEC rulings on crypto derivatives, which can shift market liquidity and impact the pricing of the instruments SBIT uses for exposure.
For a deeper, data-driven dive into SBIT’s historical tracking error and scenario analysis, you might explore ValueRay’s analytics platform.
What is the price of SBIT shares?
Over the past week, the price has changed by +29.32%, over one month by +53.36%, over three months by +68.88% and over the past year by +14.91%.
Is SBIT a buy, sell or hold?
What are the forecasts/targets for the SBIT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 52.3 | -11.9% |
SBIT Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 144.5m USD (144.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 144.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 144.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -1.55% (negative - check inputs) (E(144.5m)/V(144.5m) * Re(-1.55%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)