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.
The ProShares UltraShort Bitcoin ETF (SBIT) ETF price today is $58.15. The ETF currently has a market capitalization of $224.57M, with a daily trading volume of $1.52M shares.
For investors analyzing ETF performance, ProShares UltraShort Bitcoin ETF has traded within a daily range of $57.30 - $60.27, with the previous close at $56.17. This data provides insight into recent price fluctuations and liquidity.
Ready to get started? Follow the steps below, or read our guide on how to buy ProShares UltraShort Bitcoin ETF stock on Kraken starting from $10.
Create an account
Open the Kraken app to confirm your eligibility and follow the steps for account verification.
Deposit funds
Once your account has been verified and stock trading is unlocked, you can deposit funds into your account using your preferred payment method.
Buy SBIT
Search for SBIT in the Kraken app, enter the amount you want to invest, review the important details and tap Confirm to place an order to buy SBIT.
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Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive, not a member of FINRA/ SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures.
*Other applicable fees may apply.
