ProShares Short Bitcoin Strategy ETF
BITI
15 hedge funds and large institutions have $10.8M invested in ProShares Short Bitcoin Strategy ETF in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 9 closing their positions.
1,428% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $860K
17.23% less ownership
Funds ownership: 40.14% → 22.91% (-17%)
21% less funds holding
Funds holding: 19 → 15 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
38% less capital invested
Capital invested by funds: $17.2M → $10.8M (-$6.45M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.55M |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$557K |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$411K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$238K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$64.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$5.41M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.51M |
| 3 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
-$1.63M |
| 4 |
Jane Street
New York
|
-$1.08M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$930K |
BITI Hedge Fund Activity: Q1 2025 in Review
15 of the 7,476 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q1 2025, worth a combined $10.8M — down 38% from $17.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BITI and 6 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.55M. The largest seller was Advisory Services Network, exiting entirely with an estimated $5.41M sold.
- 15 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q1 2025, down from 19 in Q4 2024.
- Funds reported $10.8M of ProShares Short Bitcoin Strategy ETF stock for Q1 2025, down 38% quarter-over-quarter.
- 6 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q1 2025 and 9 closed out, a net change of -3 holders.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q1 2025 was Susquehanna International Group, an estimated $3.55M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q1 2025 was Advisory Services Network, an estimated $5.41M sold.
Based on aggregated 13F filings for Q1 2025.