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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Acorns Advisers
Irvine,
California
|
+$16.1M |
| 2 |
HF
HRT Financial
New York
|
+$5.36M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$1.99M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.23M |
| 5 |
Walleye Trading
New York
|
+$957K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.95M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$4.82M |
| 4 |
Renaissance Technologies
New York
|
-$3.57M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$3.24M |
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.