NYSEARCA:SBIT

Proshares Ultrashort Bitcoin Etf ETF Forecast

etoro logo Buy SBIT
*Your capital is at risk
$61.53
+3.19 (+5.47%)
At Close: Jun 04, 2026
AI Analysis AI Analysis of SBIT AI-Powered Market Insights
ETF Analysis PRO New!
Risk Assessment PRO New!
Trading Strategy PRO New!
Add SBIT to Watchlist?
Some Reasons Why To Add SBIT:
  • Lower volatility than the market (beta -2.17)
  • +685.8% price growth over the last year
  • +47.8% YTD performance
PDF

Strong day for Proshares Ultrashort Bitcoin Etf ETF price on Thursday rising 5.47% to $61.53
(Updated on Jun 04, 2026)

Buy or Hold candidate since May 22, 2026 Gain 39.49%

The Proshares Ultrashort Bitcoin Etf ETF price gained 5.47% on the last trading day (Thursday, 4th Jun 2026), rising from $58.34 to $61.53. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 4.75% from a day low at $59.94 to a day high of $62.79. The price has risen in 7 of the last 10 days and is up by 46.29% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 351 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $83.19 million.

Given the current short-term trend, the ETF is expected to fall -15.99% during the next 3 months and, with a 90% probability hold a price between $29.18 and $51.69 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

SBIT Signals & Forecast

Mostly positive signals in the chart today. The Proshares Ultrashort Bitcoin Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $51.95 and $43.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 11, 2026, and so far it has risen 62.35%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Proshares Ultrashort Bitcoin Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $57.43 and $52.62. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Proshares Ultrashort Bitcoin Etf finds support just below today's level at $57.43. If this is broken, then the next support from accumulated volume will be at $52.62 and $48.57.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $2.85 between high and low, or 4.75%. For the last week, the ETF has had daily average volatility of 5.37%.

The Proshares Ultrashort Bitcoin Etf ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $59.63 (-3.08%) (This ETF has very high daily movements and this gives very high risk. The RSI14 is 96 and this increases the risk substantially. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (SBIT) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Proshares Ultrashort Bitcoin Etf to open at $61.42, and during the day (based on 14 day Average True Range), to move between $60.09 and $62.97, which gives a possible trading interval of +/-$2.88 (+/-4.79%) up or down from last closing price. If Proshares Ultrashort Bitcoin Etf takes out the full calculated possible swing range there will be an estimated 4.79% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $57.43, some $4.10 (6.66%) from the current price of $61.53, our system finds the risk reward attractive.

Is Proshares Ultrashort Bitcoin Etf ETF A Buy?

Proshares Ultrashort Bitcoin Etf holds several positive signals and despite the ETF being in a falling trend, we considered it to be a good choice at these current levels. We expect Proshares Ultrashort Bitcoin Etf ETF will perform very well in the next 3 months.

Current score: 6.531 Strong Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 5, 2026 - $61.42 ( 0.179%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker* eToro
*Your capital is at risk

SBIT Performance

Trading levels for SBIT

StockInvest.us
Full Access. No Commitment. 7 Days Free!
Long & Short-Term Golden Star Lists
AI Stock Analysis*
Top 10 Candidates on Every List
Premium Lists
Ad-FREE Browsing
Advanced Stock Screener

Fibonacci Support & Resistance Levels

Level Price
R3 64.27 4.45%
R2 63.18 2.68%
R1 62.51 1.59%
Price 61.53
S1 60.33 -1.95%
S2 59.66 -3.04%
S3 58.57 -4.81%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 61.53
S1 57.43 -6.66%
S2 52.62 -14.48%
S3 48.57 -21.06%

SBIT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 01, 2026 Jun 01, 2026 Jun 05, 2026 $0.0471 0.0954%
2 May 01, 2026 May 01, 2026 May 07, 2026 $0.0345 0.0831%
3 Apr 01, 2026 Apr 01, 2026 Apr 01, 2026 $0.265 0.472%
4 Mar 02, 2026 Mar 02, 2026 Mar 06, 2026 $1.11 1.94%
5 Feb 02, 2026 Feb 02, 2026 Feb 06, 2026 $0.341 0.651%

FAQ

What is the symbol for Proshares Ultrashort Bitcoin Etf ETF and on which exchange is it traded?
The symbol for Proshares Ultrashort Bitcoin Etf is SBIT and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell Proshares Ultrashort Bitcoin Etf ETF?
Proshares Ultrashort Bitcoin Etf holds several positive signals and despite the ETF being in a falling trend, we considered it to be a good choice at these current levels. We expect Proshares Ultrashort Bitcoin Etf ETF will perform very well in the next 3 months.

How to buy Proshares Ultrashort Bitcoin Etf ETF?
Proshares Ultrashort Bitcoin Etf ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Proshares Ultrashort Bitcoin Etf ETF.

What's the current price of Proshares Ultrashort Bitcoin Etf ETF?
As of the end of day on the Jun 04, 2026, the price of an Proshares Ultrashort Bitcoin Etf (SBIT) share was $61.53.

What is the 52-week high and low for Proshares Ultrashort Bitcoin Etf ETF?
The 52-week high for Proshares Ultrashort Bitcoin Etf ETF is $76.33 and the 52-week low is $6.62.

What is the market capitalization of Proshares Ultrashort Bitcoin Etf ETF?
As of the Jun 04, 2026, the market capitalization of Proshares Ultrashort Bitcoin Etf is 151.713M.
Click to get the best stock tips daily for free!
GOLDEN STAR
Ticker Change Signal Date
LITE
$905.00
4.43% Jun 01
N
NVRI
$19.53
0.87% May 20
RUN
$12.83
15.51% May 06
GLBE
$31.61
4.05% May 05
SAP
$172.39
8.56% May 05

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE