ProShares Ultra Bitcoin ETF
BITU
27 hedge funds and large institutions have $33.1M invested in ProShares Ultra Bitcoin ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 8 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
148% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $8.12M
118% more capital invested
Capital invested by funds: $15.2M → $33.1M (+$17.9M)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
8% more funds holding
Funds holding: 25 → 27 (+2)
0.87% more ownership
Funds ownership: 1.97% → 2.84% (+0.87%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QFMHK
Q Fund Management (Hong Kong)
Hong Kong,
|
+$12M |
| 2 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
+$719K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$701K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$549K |
| 5 |
GFG
Greenberg Financial Group
Tucson,
Arizona
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.14M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$1.67M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
-$1.51M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$765K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $1.66K | – | – | – |
|
|
28
Group One Trading
Chicago,
Illinois
| – | -$1.67M | -36,634 | Closed |
|
|
29
IMC Chicago
Chicago,
Illinois
| – | -$765K | -16,829 | Closed |
|
|
JF
30
Jump Financial
Chicago,
Illinois
| – | -$378K | -11,352 | Closed |
|
|
WPA
31
Wealth Preservation Advisors
Chattanooga,
Tennessee
| – | -$120K | -3,619 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$50.1K | -965 | Closed |
|
|
EC
33
Elequin Capital
New York
| – | -$6.59K | -198 | Closed |
|
34
Citadel Advisors
Miami,
Florida
| – | -$4.27K | -94 | Closed |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| – | -$998 | -30 | Closed |
|
BITU Hedge Fund Activity: Q2 2025 in Review
27 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q2 2025, worth a combined $33.1M — up 118% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BITU positions and 8 closed out — a net gain of 2 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Q Fund Management (Hong Kong), adding an estimated $12M. The largest seller was Susquehanna International Group, cutting an estimated $3.14M.
- 27 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q2 2025, up from 25 in Q1 2025.
- Funds reported $33.1M of ProShares Ultra Bitcoin ETF stock for Q2 2025, up 118% quarter-over-quarter.
- 10 funds opened new ProShares Ultra Bitcoin ETF positions in Q2 2025 and 8 closed out, a net change of +2 holders.
- The largest ProShares Ultra Bitcoin ETF buyer in Q2 2025 was Q Fund Management (Hong Kong), an estimated $12M added.
- The largest ProShares Ultra Bitcoin ETF seller in Q2 2025 was Susquehanna International Group, an estimated $3.14M sold.
Based on aggregated 13F filings for Q2 2025.