About this ETF
This ETF is designed to deliver daily investment returns, calculated prior to any associated costs or fees, that precisely track two times the inverse (-2x) of the Bloomberg Bitcoin Index's performance each day.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -12.31% | -45.80% | -34.87% | -28.64% | +22.14% | — | — | — | -53.90% |
| Total return | -12.31% | -45.31% | -33.76% | -25.27% | +28.18% | — | — | — | -52.87% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.97% | Annual cost of a $10,000 investment | $97.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 7 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Net Other Assets (Liabilities) | — | 100.00% | 127.93M | $127.9M |
| 2 | CME BITCOIN FUT DIGITAL ASSETS 30/OCT/2026… | — | 0.00% | -154 | $0.00 |
| 3 | BITCOIN TRUST (IBIT) SWAP GOLDMAN | — | 0.00% | -336.73K | $0.00 |
| 4 | BITCOIN TRUST (IBIT) SWAP Nomura | — | 0.00% | -289.78K | $0.00 |
| 5 | BITCOIN TRUST SWAP (FBTC) CITIBANK NA | — | 0.00% | -372.69K | $0.00 |
| 6 | BITCOIN TRUST (IBIT) SWAP MAREX | — | 0.00% | -538.81K | $0.00 |
| 7 | BITCOIN TRUST (IBIT) SWAP BARCLAYS CAPITAL | — | 0.00% | -2.39M | $0.00 |
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Sector Exposure
Distributions
| Yield (TTM) | 9.67% | Paid (last 12 months) | $3.0292 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.0579 (Oct 07, 2026) |
| Growth 1Y | +2018.98% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 07, 2026 | $0.0579 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 08, 2026 | $0.1628 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 07, 2026 | $0.5157 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 08, 2026 | $0.4319 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 05, 2026 | $0.0471 |
| May 01, 2026 | May 01, 2026 | May 07, 2026 | $0.0345 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 08, 2026 | $0.2646 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 06, 2026 | $1.1096 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 06, 2026 | $0.3408 |
| Dec 24, 2025 | Dec 24, 2025 | Dec 31, 2025 | $0.0052 |
| Dec 01, 2025 | Dec 01, 2025 | Dec 05, 2025 | $0.0230 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 07, 2025 | $0.0361 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 90.66% / — | Sharpe 1Y / 3Y | 0.84 / — |
| Max drawdown 1Y / 3Y | -60.41% / — | Sortino 1Y | 1.20 |
| Beta vs S&P 500 (3Y) | -2.57 | Correlation vs S&P 500 (1Y) | -0.5 |
| Downside deviation 1Y | 63.77% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 1.02M | Average volume | 973.85K |
| AUM | $130.4M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $2.3M | +1.82% | $128.1M → $130.4M |
| 1 Month | $2.7M | +1.84% | $149.0M → $130.4M |
| 1 Week | $346.0K | +0.28% | $124.0M → $130.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for SBIT
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
SBIT