ProShares Short Bitcoin Strategy ETF
BITI
16 hedge funds and large institutions have $7.28M invested in ProShares Short Bitcoin Strategy ETF in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
29% more call options, than puts
Call options by funds: $6.67M | Put options by funds: $5.17M
38% less funds holding
Funds holding: 26 → 16 (-10)
50% less capital invested
Capital invested by funds: $14.5M → $7.28M (-$7.18M)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.64M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$1.53M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$327K |
| 4 |
SC
Sykon Capital
Harrison,
New York
|
+$243K |
| 5 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$18.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.52M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$2.51M |
| 3 |
SP
SIH Partners
Wilmington,
Delaware
|
-$895K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$673K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$605K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Group One Trading
Chicago,
Illinois
| – | -$147K | -6,360 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$9.57K | -413 | Closed |
|
|
IIM
28
IFC & Insurance Marketing
Auburn,
California
| – | -$9K | -391 | Closed |
|
BITI Hedge Fund Activity: Q1 2026 in Review
16 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q1 2026, worth a combined $7.28M — down 50% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BITI and 4 opened new positions — a net loss of 8 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $1.64M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $5.52M sold.
- 16 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q1 2026, down from 26 in Q4 2025.
- Funds reported $7.28M of ProShares Short Bitcoin Strategy ETF stock for Q1 2026, down 50% quarter-over-quarter.
- 4 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q1 2026 and 12 closed out, a net change of -8 holders.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q1 2026 was Jane Street, an estimated $1.64M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q1 2026 was Susquehanna International Group, an estimated $5.52M sold.
Based on aggregated 13F filings for Q1 2026.