BITO icon

ProShares Bitcoin Strategy ETF

200 hedge funds and large institutions have $302M invested in ProShares Bitcoin Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 82 increasing their positions, 42 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

less ownership

Funds ownership:

18% less capital invested

Capital invested by funds: $369M → $302M (-$66.7M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

64% less call options, than puts

Call options by funds: $54M | Put options by funds: $148M

Holders
200
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$54M
Puts
$148M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GA
201
Guerra Advisors
Florida
$15
CVM
202
Cheviot Value Management
California
$6
SP
203
SIH Partners
Delaware
SNT
204
SIG North Trading
Pennsylvania
BRWA
205
B. Riley Wealth Advisors
Florida
EWA
206
Evolution Wealth Advisors
Florida
AWE
207
Avidian Wealth Enterprises
Texas
Financial Engines Advisors
208
Financial Engines Advisors
California
DFA
209
Davies Financial Advisors
California
CBA
210
Coastal Bridge Advisors
Connecticut
QCM
211
Quantinno Capital Management
New York
AC
212
Avestar Capital
New York
KFS
213
Kaizen Financial Strategies
California
AAP
214
Arax Advisory Partners
Colorado
HT
215
Headlands Technologies
Illinois
OWP
216
ORG Wealth Partners
Texas
Raymond James Financial
217
Raymond James Financial
Florida
Parallax Volatility Advisers
218
Parallax Volatility Advisers
California
BCMLT
219
Beacon Capital Management LLC (Tennessee)
Tennessee
KWM
220
Kiker Wealth Management
Georgia
MFT
221
Moisand Fitzgerald Tamayo
Florida
LC
222
Lavaca Capital
Texas
TIM
223
Total Investment Management
Arizona
LFA
224
Legend Financial Advisors
Pennsylvania
RAM
225
Riggs Asset Management
Pennsylvania