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ProShares Bitcoin Strategy ETF
BITO

207 hedge funds and large institutions have $157M invested in ProShares Bitcoin Strategy ETF in 2026 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 71 increasing their positions, 45 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

73% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 30

58% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 45

16% more call options, than puts

Call options by funds: $20.5M | Put options by funds: $17.7M

9% more funds holding

Funds holding: 190 → 207 (+17)

3.07% less ownership

Funds ownership: 12.07% → 8.99% (-3.1%)

40% less capital invested

Capital invested by funds: $260M → $157M (-$103M)

Holders
207
Holders Change
+17
Holders Change %
+8.95%
% of All Funds
2.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.02%
New
52
Increased
71
Reduced
45
Closed
30
Calls
$20.5M
Puts
$17.7M
Net Calls
+$2.83M
Net Calls Change
+$25.3M

Top Buyers

Rank Fund Capital Flow
1
AA
Acorns Advisers
California
+$16.1M
2
HF
HRT Financial
New York
+$5.36M
3
TSS
Two Sigma Securities
New York
+$1.99M
4
Simplex Trading
Simplex Trading
Illinois
+$1.23M
5
Walleye Trading
Walleye Trading
New York
+$957K

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$57M
2
Citadel Advisors
Citadel Advisors
Florida
-$9.95M
3
TI
Tidal Investments
Wisconsin
-$4.82M
4
Renaissance Technologies
Renaissance Technologies
New York
-$3.57M
5
HighTower Advisors
HighTower Advisors
Illinois
-$3.24M
Name Holding Trade Value Shares
Change 		Change in
Stake
AWA
26
Arkadios Wealth Advisors
Georgia
$603K -$32.8K -3,109 -5%
Mariner
27
Mariner
Kansas
$580K -$69K -6,534 -9%
WS
28
Wedbush Securities
California
$564K -$123K -11,681 -16%
OMC
29
Old Mission Capital
Illinois
$548K +$622K +58,914 New
Creative Planning
30
Creative Planning
Kansas
$523K -$37.1K -3,511 -6%
QC
31
Quadrature Capital
United Kingdom
$471K +$534K +50,556 New
XT
32
XTX Topco
Cayman Islands
$465K +$301K +28,484 +133%
IWN
33
Independent Wealth Network
Iowa
$464K +$118K +11,131 +29%
RCMF
34
RK Capital Management (Florida)
Florida
$452K +$513K +48,582 New
KAS
35
Kestra Advisory Services
Texas
$436K +$110K +10,399 +29%
UBS Group
36
UBS Group
Switzerland
$419K +$17.5K +1,655 +4%
BAAM
37
Baker Avenue Asset Management
California
$419K +$475K +45,000 New
BRWA
38
B. Riley Wealth Advisors
Florida
$417K +$481K +45,536 New
ME
39
McIlrath & Eck
Washington
$402K +$289K +27,405 +174%
FFM
40
Forum Financial Management
Illinois
$377K +$428K +40,497 New
Mercer Global Advisors
41
Mercer Global Advisors
Colorado
$361K -$61.4K -5,820 -13%
TFCP
42
Twin Focus Capital Partners
Massachusetts
$354K +$401K +38,000 New
LSIA
43
LaSalle St. Investment Advisors
Illinois
$302K +$342K +32,427 New
RQS
44
Ramsey Quantitative Systems
Kentucky
$301K +$42.2K +4,000 New
MIC
45
Means Investment Company
Maine
$294K -$53.3K -5,052 -14%
WANY
46
Wealthspire Advisors (New York)
New York
$280K +$317K +30,044 New
Envestnet Asset Management
47
Envestnet Asset Management
Illinois
$276K +$174K +16,437 +124%
WMN
48
Wealth Management Nebraska
Nebraska
$273K -$147K -13,961 -32%
ICP
49
Interchange Capital Partners
Pennsylvania
$260K +$150K +14,203 New
CAPTRUST Financial Advisors
50
CAPTRUST Financial Advisors
North Carolina
$234K +$23.2K +2,201 +10%
1
2
3 4 5

BITO Hedge Fund Activity: Q1 2026 in Review

207 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in ProShares Bitcoin Strategy ETF (BITO) for Q1 2026, worth a combined $157M — down 40% from $260M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new BITO positions and 30 closed out — a net gain of 22 holders — while 71 added to existing stakes and 45 trimmed.

The largest buyer was Acorns Advisers, adding an estimated $16.1M. The largest seller was Goldman Sachs, cutting an estimated $57M.

  • 207 institutional investors held ProShares Bitcoin Strategy ETF (BITO) as of Q1 2026, up from 190 in Q4 2025.
  • Funds reported $157M of ProShares Bitcoin Strategy ETF stock for Q1 2026, down 40% quarter-over-quarter.
  • 52 funds opened new ProShares Bitcoin Strategy ETF positions in Q1 2026 and 30 closed out, a net change of +22 holders.
  • The largest ProShares Bitcoin Strategy ETF buyer in Q1 2026 was Acorns Advisers, an estimated $16.1M added.
  • The largest ProShares Bitcoin Strategy ETF seller in Q1 2026 was Goldman Sachs, an estimated $57M sold.

Based on aggregated 13F filings for Q1 2026.