Proshares Ultrashort Bitcoin Etf Profile

SBIT Etf   12.78  0.08  0.63%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Proshares Ultrashort is selling for under 12.78 as of the 25th of March 2025; that is 0.63 percent increase since the beginning of the trading day. The etf's last reported lowest price was 12.63. Proshares Ultrashort has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 25th of December 2024 and ending today, the 25th of March 2025. Click here to learn more.

Moving against Proshares Etf

  0.87BTC Grayscale Bitcoin MiniPairCorr
  0.82CRPT First Trust SkyBridgePairCorr
  0.8GBTC Grayscale Bitcoin TrustPairCorr
  0.77BLOK Amplify TransformationalPairCorr
  0.74SPBC Simplify Equity PLUSPairCorr
  0.7BITO ProShares BitcoinPairCorr

Proshares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCryptocurrency ETFs, Alternative Currency ETFs, Digital Assets, Other (View all Sectors)
IssuerProShares
Inception Date2024-04-02
BenchmarkBloomberg Bitcoin Index
Entity TypeRegulated Investment Company
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorJPMorgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerAlexander Ilyasov, George Banian
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Market MakerVirtu Financial
Total Expense0.95
Management Fee0.95
Country NameUSA
CodeSBIT
Updated At22nd of March 2025
Returns Y T D8.25
NameProshares Ultrashort Bitcoin ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01M7B0Z19
TypeETF
Proshares Ultrashort Bitcoin [SBIT] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Cryptocurrency ETFs. Proshares Ultrashort at this time have in assets. with the current yeild of 0.0%.
Check Proshares Ultrashort Probability Of Bankruptcy

Proshares Ultrashort Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Proshares Ultrashort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Proshares Ultrashort Against Markets

When determining whether Proshares Ultrashort is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Proshares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort Bitcoin Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort Bitcoin Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Proshares Ultrashort Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Proshares Ultrashort is measured differently than its book value, which is the value of Proshares that is recorded on the company's balance sheet. Investors also form their own opinion of Proshares Ultrashort's value that differs from its market value or its book value, called intrinsic value, which is Proshares Ultrashort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Proshares Ultrashort's market value can be influenced by many factors that don't directly affect Proshares Ultrashort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Proshares Ultrashort's value and its price as these two are different measures arrived at by different means. Investors typically determine if Proshares Ultrashort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proshares Ultrashort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.