ProShares Short Bitcoin ETF Delivers -1x Exposure, 2.26% Yield, 3M+ Volume
Bitcoin has shed roughly 25% of its value year-to-date and now trades at about half its mid-2025 peak. ProShares Short Bitcoin ETF employs futures and swaps to deliver –1x daily Bitcoin performance, carries a 1.01% expense ratio, offers a 2.26% dividend yield, and trades over three million shares daily.
1. Bitcoin Market Decline
Bitcoin has lost about 25% since January 1, 2026, reducing its price to roughly half its mid-2025 peak above $100,000. This downturn has increased demand for products that profit from daily price drops.
2. ProShares Short Bitcoin ETF Strategy
The ProShares Short Bitcoin ETF replicates the inverse of Bitcoin’s daily performance using futures contracts and swaps. It charges a 1.01% annual fee, pays a 2.26% dividend yield, and averages over three million shares traded per month to maintain liquidity.
3. Comparison with Other Inverse Crypto ETFs
UltraShort Bitcoin ETF targets -2x returns with a 0.95% fee and a 0.61% yield, while Short Ether ETF offers -1x Ether exposure at a 0.95% fee but with only $16 million in assets and under 84,000 monthly trades. These options appeal to active traders with high risk tolerance.