SBIT: Catching Bitcoin's Downside Risk May Be Limited For 2026
Seeking Alpha·2026-01-14 15:23
Group 1 - The ProShares Ultrashort Bitcoin ETF (SBIT) is designed to provide -2x the daily performance of bitcoin, indicating a strategy focused on inverse leveraged returns [1] - SBIT exhibits significant liquidity with over $104 million in share value traded daily, making it an attractive investment option [1] Group 2 - Michael Del Monte is a buy-side equity analyst with expertise across various sectors including technology, energy, industrials, and materials [1] - Prior to his role in investment management, Michael Del Monte spent over a decade in professional services across multiple industries such as oil and gas, midstream, and consumer discretionary [1]