ProShares Short Bitcoin Strategy ETF
BITI
10 hedge funds and large institutions have $9.93M invested in ProShares Short Bitcoin Strategy ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
31% more call options, than puts
Call options by funds: $4.17M | Put options by funds: $3.19M
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
0.1% less ownership
Funds ownership: 2.82% → 2.73% (-0.1%)
16% less capital invested
Capital invested by funds: $11.9M → $9.93M (-$1.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.19M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.21M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$324K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$123K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$9.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.57M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$766K |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
-$449K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$206K |
| 5 |
HF
HRT Financial
New York
|
-$72.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $3.45M | -$5.57M | -54,493 | -63% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.56M | +$2.19M | +21,477 | +789% |
|
|
3
Parallax Volatility Advisers
San Francisco,
California
| $1.25M | +$1.21M | +11,829 | New |
|
|
MA
4
MYDA Advisors
Woodmere,
New York
| $1.23M | -$449K | -4,400 | -28% |
|
|
ICM
5
Ionic Capital Management
New York
| $708K | – | – | – |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $398K | +$324K | +3,175 | +533% |
|
|
HF
7
HRT Financial
New York
| $204K | -$72.6K | -711 | -27% |
|
|
8
Citadel Advisors
Miami,
Florida
| $132K | +$123K | +1,200 | +2,500% |
|
|
HT
9
Headlands Technologies
Chicago,
Illinois
| $9.68K | +$9.4K | +92 | New |
|
|
TWC
10
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $2.04K | – | – | – |
|
11
Fidelity Investments
Boston,
Massachusetts
| $21 | – | – | – |
|
|
FTUS
12
Flow Traders U.S.
New York
| – | -$766K | -8,129 | Closed |
|
|
13
Simplex Trading
Chicago,
Illinois
| – | -$206K | -2,191 | Closed |
|
BITI Hedge Fund Activity: Q3 2023 in Review
10 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q3 2023, worth a combined $9.93M — down 16% from $11.9M a quarter earlier.
Fund positioning in BITI was balanced in Q3 2023: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.19M. The largest seller was Jane Street, cutting an estimated $5.57M.
- 10 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $9.93M of ProShares Short Bitcoin Strategy ETF stock for Q3 2023, down 16% quarter-over-quarter.
- 2 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q3 2023 and 2 closed out, a net change of 0 holders.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q3 2023 was Susquehanna International Group, an estimated $2.19M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q3 2023 was Jane Street, an estimated $5.57M sold.
Based on aggregated 13F filings for Q3 2023.