ProShares Ultra Bitcoin ETF
BITU
25 hedge funds and large institutions have $15.2M invested in ProShares Ultra Bitcoin ETF in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 8 closing their positions.
308% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $5.02M
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.43% less ownership
Funds ownership: 3.4% → 1.97% (-1.4%)
4% less funds holding
Funds holding: 26 → 25 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
59% less capital invested
Capital invested by funds: $37.2M → $15.2M (-$22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$781K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$749K |
| 3 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
+$581K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$570K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QFMHK
Q Fund Management (Hong Kong)
Hong Kong,
|
-$5.95M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
-$3.71M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.04M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$1.96M |
| 5 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
-$754K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JC
26
JBF Capital
Aspen,
Colorado
| – | -$3.71M | -75,000 | Closed |
|
|
CFIM
27
Client First Investment Management
West Bend,
Wisconsin
| – | -$754K | -15,259 | Closed |
|
28
Mercer Global Advisors
Denver,
Colorado
| – | -$741K | -15,000 | Closed |
|
29
Simplex Trading
Chicago,
Illinois
| – | -$606K | -12,275 | Closed |
|
|
FTUS
30
Flow Traders U.S.
New York
| – | -$294K | -5,951 | Closed |
|
|
CMI
31
Clare Market Investments
Dallas,
Texas
| – | -$242K | -4,900 | Closed |
|
|
WMWM
32
Whitaker-Myers Wealth Managers
Mansfield,
Ohio
| – | -$216K | -4,369 | Closed |
|
33
Fidelity Investments
Boston,
Massachusetts
| – | -$49 | -1 | Closed |
|
BITU Hedge Fund Activity: Q1 2025 in Review
25 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q1 2025, worth a combined $15.2M — down 59% from $37.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BITU and 7 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $781K. The largest seller was Q Fund Management (Hong Kong), cutting an estimated $5.95M.
- 25 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q1 2025, down from 26 in Q4 2024.
- Funds reported $15.2M of ProShares Ultra Bitcoin ETF stock for Q1 2025, down 59% quarter-over-quarter.
- 7 funds opened new ProShares Ultra Bitcoin ETF positions in Q1 2025 and 8 closed out, a net change of -1 holder.
- The largest ProShares Ultra Bitcoin ETF buyer in Q1 2025 was IMC Chicago, an estimated $781K added.
- The largest ProShares Ultra Bitcoin ETF seller in Q1 2025 was Q Fund Management (Hong Kong), an estimated $5.95M sold.
Based on aggregated 13F filings for Q1 2025.