ProShares Bitcoin Strategy ETF
BITO
193 hedge funds and large institutions have $155M invested in ProShares Bitcoin Strategy ETF in 2026 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 53 reducing their positions, and 41 closing their positions.
29% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $14.4M
21% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 53
2.51% more ownership
Funds ownership: 8.99% → 11.5% (+2.5%)
1% less capital invested
Capital invested by funds: $157M → $155M (-$1.7M)
7% less funds holding
Funds holding: 207 → 193 (-14)
24% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 41
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Acorns Advisers
Irvine,
California
|
+$13.7M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$12.6M |
| 3 |
Renaissance Technologies
New York
|
+$7.81M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$3.26M |
| 5 |
Jane Street
New York
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.7M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$5.64M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.76M |
| 4 |
LWMI
Legacy Wealth Management (Idaho)
Boise,
Idaho
|
-$1.28M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.08M |
BITO Hedge Fund Activity: Q2 2026 in Review
193 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in ProShares Bitcoin Strategy ETF (BITO) for Q2 2026, worth a combined $155M — down 1.1% from $157M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BITO and 31 opened new positions — a net loss of 10 holders — while 53 trimmed existing stakes and 64 added.
The largest buyer was Acorns Advisers, adding an estimated $13.7M. The largest seller was Goldman Sachs, exiting entirely with an estimated $12.7M sold.
- 193 institutional investors held ProShares Bitcoin Strategy ETF (BITO) as of Q2 2026, down from 207 in Q1 2026.
- Funds reported $155M of ProShares Bitcoin Strategy ETF stock for Q2 2026, down 1.1% quarter-over-quarter.
- 31 funds opened new ProShares Bitcoin Strategy ETF positions in Q2 2026 and 41 closed out, a net change of -10 holders.
- The largest ProShares Bitcoin Strategy ETF buyer in Q2 2026 was Acorns Advisers, an estimated $13.7M added.
- The largest ProShares Bitcoin Strategy ETF seller in Q2 2026 was Goldman Sachs, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2026.