ProShares Short Bitcoin Strategy ETF
BITI
15 hedge funds and large institutions have $9.95M invested in ProShares Short Bitcoin Strategy ETF in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 8 closing their positions.
142% more call options, than puts
Call options by funds: $1.95M | Put options by funds: $807K
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
13.08% less ownership
Funds ownership: 26.19% → 13.11% (-13%)
29% less funds holding
Funds holding: 21 → 15 (-6)
44% less capital invested
Capital invested by funds: $17.9M → $9.95M (-$7.96M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
AFG Fiduciary Services
Hingham,
Massachusetts
|
+$641K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$392K |
| 3 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$278K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$47.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$16.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.83M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$2.16M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.38M |
| 5 |
MA
MYDA Advisors
Woodmere,
New York
|
-$961K |
BITI Hedge Fund Activity: Q2 2024 in Review
15 of the 6,936 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q2 2024, worth a combined $9.95M — down 44% from $17.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BITI and 3 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was AFG Fiduciary Services, adding an estimated $641K. The largest seller was Jane Street, cutting an estimated $2.83M.
- 15 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q2 2024, down from 21 in Q1 2024.
- Funds reported $9.95M of ProShares Short Bitcoin Strategy ETF stock for Q2 2024, down 44% quarter-over-quarter.
- 3 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q2 2024 and 8 closed out, a net change of -5 holders.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q2 2024 was AFG Fiduciary Services, an estimated $641K added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q2 2024 was Jane Street, an estimated $2.83M sold.
Based on aggregated 13F filings for Q2 2024.