BITI ETF — ProShares Short Bitcoin ETF
ProShares Short Bitcoin ETF (BITI)
BITI is an ETF. As of August 19, 2026, its distribution rate is 2.13%, its trailing-12-month yield is 22.01%, its expense ratio is 1.01%. Fund total return is -84.6% over the past 4.2 years, 200.5 points behind SPY at 115.9%.
At the current 2.13% distribution rate, a $10,000 investment would generate approximately $213 per year, or $17.75 per month on an equivalent basis.
BITI dividend yield and income
Data as of August 19, 2026.
The distribution rate (2.13%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (22.01%) is the last year of payments divided by the current price. The last dividend was $1.3293. The last ex-dividend date was 08/03/2026. It was paid on 08/07/2026. At 2.13%, $10,000 would generate about $213 a year ($17.75 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-03 | $1.329 | 4053.1% |
| 2026-07-01 | $1.449 | 4161.8% |
| 2026-06-01 | $0.238 | 720.7% |
| 2026-05-01 | $0.197 | 462.9% |
| 2026-04-01 | $0.591 | 1455.3% |
| 2026-03-02 | $0.953 | 2974.2% |
| 2026-02-02 | $0.314 | 1156.0% |
| 2025-12-24 | $0.042 | -17.6% |
| 2025-12-01 | $0.019 | -32.1% |
| 2025-11-03 | $0.023 | -64.6% |
| 2025-10-01 | $0.033 | -56.0% |
| 2025-09-02 | $0.03 | -64.7% |
| 2025-08-01 | $0.032 | -66.3% |
| 2025-07-01 | $0.034 | -57.5% |
| 2025-06-02 | $0.029 | -71.0% |
| 2025-05-01 | $0.035 | -65.0% |
| 2025-04-01 | $0.038 | -49.3% |
| 2025-03-03 | $0.031 | -67.4% |
| 2025-02-03 | $0.025 | -72.2% |
| 2024-12-23 | $0.051 | -73.2% |
| 2024-12-02 | $0.028 | -86.3% |
| 2024-11-01 | $0.065 | -61.8% |
| 2024-10-01 | $0.075 | -66.7% |
| 2024-09-03 | $0.085 | -70.7% |
| 2024-08-01 | $0.095 | -57.8% |
| 2024-07-01 | $0.08 | -68.6% |
| 2024-06-03 | $0.1 | -69.7% |
| 2024-05-01 | $0.1 | -31.0% |
| 2024-04-01 | $0.075 | 50.0% |
| 2024-03-01 | $0.095 | 171.4% |
| 2024-02-01 | $0.09 | 28.6% |
| 2023-12-20 | $0.19 | 46.2% |
| 2023-12-01 | $0.205 | 57.7% |
| 2023-11-01 | $0.17 | — |
| 2023-10-02 | $0.225 | — |
| 2023-09-01 | $0.29 | — |
| 2023-08-01 | $0.225 | — |
| 2023-07-03 | $0.255 | — |
| 2023-06-01 | $0.33 | — |
| 2023-05-01 | $0.145 | — |
| 2023-04-03 | $0.05 | — |
| 2023-03-01 | $0.035 | — |
| 2023-02-01 | $0.07 | — |
| 2022-12-22 | $0.13 | — |
| 2022 total | $0.13 | — |
| 2023 total | $2.19 | 1584.6% |
| 2024 total | $0.939 | -57.1% |
| 2025 total | $0.371 | -60.5% |
| 2026 YTD total | $5.071 | 2163.8% |
BITI dividend growth
Trailing-12-month distributions versus the preceding 12 months changed 587.09%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. The deepest trailing-12-month payout decline in the past five years is -82.53%.
| Window | Change |
|---|---|
| 1Y | 888.3% |
| 3Y | 501.7% |
BITI performance versus SPY
Data as of August 19, 2026.
Fund total return is -84.6% over the past 4.2 years, 200.5 points behind SPY at 115.9%. Its deepest 1-year drawdown was 25.3%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (4.2 years) | -84.6% | -36.20% |
| 3Y CAGR | — | -34.90% |
BITI key facts
Data as of August 19, 2026.
- Issuer
- ProShares
- Asset type
- ETF
- Asset class
- Currency
- Inception date
- 06/21/2022
- Expense ratio
- 1.01%
- Distribution rate
- 2.13%
- Distribution frequency
- Monthly
- Trailing yield
- 22.01%
- Last close
- $23.71
- AUM
- $121,589,675
- Average volume
- 605143.0
- Last dividend
- $1.3293
- Ex-dividend date
- 08/03/2026
- Payment date
- 08/07/2026
How Dividend Vision calculates yield and returns
Distribution rate (2.13%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (22.01%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
BITI risks and drawbacks
BITI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 25.3%.
Who may consider BITI — and who may not
BITI may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does BITI pay monthly?
Yes. BITI currently pays monthly.
What is BITI's expense ratio?
BITI's expense ratio is 1.01%.
What is BITI's dividend yield?
BITI currently yields 2.13%, paid monthly, with a 1.01% expense ratio.
How has BITI's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed 587.09%. That is not a single quarter versus the prior quarter.
When does BITI pay a dividend?
BITI pays monthly. The last dividend was $1.3293. The last ex-dividend date was 08/03/2026. It was paid on 08/07/2026.
How has BITI performed?
Fund total return is -84.6% over the past 4.2 years, 200.5 points behind SPY at 115.9%. Its deepest 1-year drawdown was 25.3%.
Is BITI a good investment?
It currently yields 2.13%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from ProShares.
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