# ProShares UltraShort Bitcoin ETF (SBIT)

> Source: Nexqual · https://nexqual.com/SBIT · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, ProShares UltraShort Bitcoin ETF (SBIT), nexqual.com/SBIT" · informational, not investment advice.

**Price:** USD 32.04 (+0.44% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 31.9 · day 31.44–32.23 · 52w 27.36–76.52 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +11.8% vs S&P 500 +13.4%; 5Y -83.8% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2024-04-01) |
|---|---|---|
| Total return | +11.8% | -83.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +11.8% | -50.9% |
| Volatility (annualized) | 90.6% | 85.8% |
| Max drawdown | -60.2% (Feb 2026→Sep 2026) | -90.1% (Jul 2024→Sep 2025) |

## Peers
BITU (ProShares Ultra Bitcoin ETF) USD 14.13 -0.49% · ETHD (ProShares UltraShort Ether ETF) USD 30.12 -0.66% · BITI (ProShares Short Bitcoin ETF) USD 18.13 +0.22% · MSTZ (T-Rex 2X Inverse MSTR Daily Tar) USD 2.71 -0.00% · ETHT (ProShares Ultra Ether ETF) USD 15.1 +0.53%

## More
Full page: https://nexqual.com/SBIT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 73.1% | ±16.3% |
| 2026-12-18 | 56 | 74.5% | ±23.0% |
| 2027-02-19 | 119 | 81.1% | ±35.3% |
| 2027-05-21 | 210 | 83.7% | ±48.4% |