ProShares Ultra Bitcoin ETF
BITU
26 hedge funds and large institutions have $37.2M invested in ProShares Ultra Bitcoin ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
393% more capital invested
Capital invested by funds: $7.54M → $37.2M (+$29.7M)
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
102% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $10.3M
73% more funds holding
Funds holding: 15 → 26 (+11)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
1.54% more ownership
Funds ownership: 1.86% → 3.4% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Group One Trading
Chicago,
Illinois
|
+$3.37M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
+$3.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.75M |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$2.38M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$3.22M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$1.7M |
| 3 |
Renaissance Technologies
New York
|
-$269K |
| 4 |
CMI
Clare Market Investments
Dallas,
Texas
|
-$162K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$9.82K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $49 | +$43 | +1 | New |
|
|
27
IMC Chicago
Chicago,
Illinois
| – | -$3.22M | -75,344 | Closed |
|
|
MA
28
Mutual Advisors
Omaha,
Nebraska
| – | -$1.7M | -58,173 | Closed |
|
|
29
Renaissance Technologies
New York
| – | -$269K | -10,400 | Closed |
|
|
BL
30
BFSG LLC
Irvine,
California
| – | -$5.8K | -224 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -51 | Closed |
|
BITU Hedge Fund Activity: Q4 2024 in Review
26 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q4 2024, worth a combined $37.2M — up 393% from $7.54M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BITU positions and 5 closed out — a net gain of 11 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Group One Trading, opening a new position worth an estimated $3.37M. The largest seller was IMC Chicago, exiting entirely with an estimated $3.22M sold.
- 26 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q4 2024, up from 15 in Q3 2024.
- Funds reported $37.2M of ProShares Ultra Bitcoin ETF stock for Q4 2024, up 393% quarter-over-quarter.
- 16 funds opened new ProShares Ultra Bitcoin ETF positions in Q4 2024 and 5 closed out, a net change of +11 holders.
- The largest ProShares Ultra Bitcoin ETF buyer in Q4 2024 was Group One Trading, an estimated $3.37M added.
- The largest ProShares Ultra Bitcoin ETF seller in Q4 2024 was IMC Chicago, an estimated $3.22M sold.
Based on aggregated 13F filings for Q4 2024.