Ticker SymbolSBIT
Asset ClassCurrency
Fund ManagerProShares
DomicileUS
Expense Ratio0.95%
Founded at2024-04-02
Tracking IndexBloomberg Bitcoin Index - Benchmark TR Gross
SBIT was created on 2024-04-02 by ProShares. The fund's investment portfolio concentrates primarily on long usd, short btc currency. 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.