ProShares Ultra Bitcoin ETF
BITU
25 hedge funds and large institutions have $14.5M invested in ProShares Ultra Bitcoin ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 12 closing their positions.
75% more call options, than puts
Call options by funds: $7.5M | Put options by funds: $4.28M
0.63% more ownership
Funds ownership: 1.96% → 2.58% (+0.63%)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
4% less funds holding
Funds holding: 26 → 25 (-1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
36% less capital invested
Capital invested by funds: $22.6M → $14.5M (-$8.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
+$9.35M |
| 2 |
Renaissance Technologies
New York
|
+$5.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.29M |
| 4 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
+$960K |
| 5 |
AWM
Austin Wealth Management
Austin,
Texas
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$3.55M |
| 2 |
QFMHK
Q Fund Management (Hong Kong)
Hong Kong,
|
-$1.94M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
-$1.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.03M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$930K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.55M | -66,510 | Closed |
|
|
QFMHK
27
Q Fund Management (Hong Kong)
Hong Kong,
| – | -$1.94M | -36,400 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$1.03M | -26,478 | Closed |
|
|
MA
29
Mutual Advisors
Omaha,
Nebraska
| – | -$883K | -18,292 | Closed |
|
|
30
Simplex Trading
Chicago,
Illinois
| – | -$930K | -17,429 | Closed |
|
|
MW
31
MBL Wealth
Charlotte,
North Carolina
| – | -$507K | -9,500 | Closed |
|
|
UCMOK
32
United Capital Management of KS
Salina,
Kansas
| – | -$451K | -8,448 | Closed |
|
|
BCI
33
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$441K | -8,257 | Closed |
|
|
WMWM
34
Whitaker-Myers Wealth Managers
Mansfield,
Ohio
| – | -$228K | -4,275 | Closed |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| – | -$111K | -2,082 | Closed |
|
|
C
36
Covestor
London,
United Kingdom
| – | -$48K | -902 | Closed |
|
|
CAM
37
Clarity Asset Management
Ames,
Iowa
| – | -$14.2K | -265 | Closed |
|
BITU Hedge Fund Activity: Q4 2025 in Review
25 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q4 2025, worth a combined $14.5M — down 36% from $22.6M a quarter earlier.
Fund positioning in BITU was balanced in Q4 2025: 12 funds opened new positions, 12 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was DRW Securities, adding an estimated $9.35M. The largest seller was NewEdge Advisors, exiting entirely with an estimated $3.55M sold.
- 25 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q4 2025, down from 26 in Q3 2025.
- Funds reported $14.5M of ProShares Ultra Bitcoin ETF stock for Q4 2025, down 36% quarter-over-quarter.
- 12 funds opened new ProShares Ultra Bitcoin ETF positions in Q4 2025 and 12 closed out, a net change of 0 holders.
- The largest ProShares Ultra Bitcoin ETF buyer in Q4 2025 was DRW Securities, an estimated $9.35M added.
- The largest ProShares Ultra Bitcoin ETF seller in Q4 2025 was NewEdge Advisors, an estimated $3.55M sold.
Based on aggregated 13F filings for Q4 2025.