ProShares Short Bitcoin Strategy ETF
BITI
14 hedge funds and large institutions have $8.46M invested in ProShares Short Bitcoin Strategy ETF in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 8 closing their positions.
1,191% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $1.03M
7% less funds holding
Funds holding: 15 → 14 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
21% less capital invested
Capital invested by funds: $10.8M → $8.46M (-$2.29M)
22.91% less ownership
Funds ownership: 22.91% → 0% (-23%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
SIH Partners
Wilmington,
Delaware
|
+$1.45M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$934K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$489K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$254K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.35M |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$612K |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
-$452K |
| 4 |
Jane Street
New York
|
-$424K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$262K |
BITI Hedge Fund Activity: Q2 2025 in Review
14 of the 7,616 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q2 2025, worth a combined $8.46M — down 21% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BITI and 7 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was SIH Partners, opening a new position worth an estimated $1.45M. The largest seller was Susquehanna International Group, cutting an estimated $1.35M.
- 14 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q2 2025, down from 15 in Q1 2025.
- Funds reported $8.46M of ProShares Short Bitcoin Strategy ETF stock for Q2 2025, down 21% quarter-over-quarter.
- 7 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q2 2025 and 8 closed out, a net change of -1 holder.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q2 2025 was SIH Partners, an estimated $1.45M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q2 2025 was Susquehanna International Group, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2025.