ProShares Short Bitcoin Strategy ETF
BITI
14 hedge funds and large institutions have $8.69M invested in ProShares Short Bitcoin Strategy ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
282% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $643K
0.17% less ownership
Funds ownership: 2.62% → 2.46% (-0.17%)
7% less funds holding
Funds holding: 15 → 14 (-1)
13% less capital invested
Capital invested by funds: $9.95M → $8.69M (-$1.26M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.96M |
| 2 |
Jane Street
New York
|
+$771K |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$96.2K |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
AFG Fiduciary Services
Hingham,
Massachusetts
|
-$1.84M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$897K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$409K |
| 4 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$232K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$120K |
BITI Hedge Fund Activity: Q3 2024 in Review
14 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q3 2024, worth a combined $8.69M — down 13% from $9.95M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BITI and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was Tidal Investments, opening a new position worth an estimated $1.96M. The largest seller was AFG Fiduciary Services, exiting entirely with an estimated $1.84M sold.
- 14 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q3 2024, down from 15 in Q2 2024.
- Funds reported $8.69M of ProShares Short Bitcoin Strategy ETF stock for Q3 2024, down 13% quarter-over-quarter.
- 2 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q3 2024 and 3 closed out, a net change of -1 holder.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q3 2024 was Tidal Investments, an estimated $1.96M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q3 2024 was AFG Fiduciary Services, an estimated $1.84M sold.
Based on aggregated 13F filings for Q3 2024.