ProShares Ultra Bitcoin ETF
BITU
15 hedge funds and large institutions have $7.54M invested in ProShares Ultra Bitcoin ETF in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
197% more call options, than puts
Call options by funds: $3.16M | Put options by funds: $1.06M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $5.73M → $7.54M (+$1.81M)
25% more funds holding
Funds holding: 12 → 15 (+3)
0.51% less ownership
Funds ownership: 2.37% → 1.86% (-0.51%)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.93M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
+$795K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$753K |
| 4 |
Renaissance Technologies
New York
|
+$266K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$501K |
| 2 |
Jane Street
New York
|
-$483K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$414K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$319K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$267K |
BITU Hedge Fund Activity: Q3 2024 in Review
15 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q3 2024, worth a combined $7.54M — up 32% from $5.73M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BITU positions and 5 closed out — a net gain of 3 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $1.93M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $501K sold.
- 15 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q3 2024, up from 12 in Q2 2024.
- Funds reported $7.54M of ProShares Ultra Bitcoin ETF stock for Q3 2024, up 32% quarter-over-quarter.
- 8 funds opened new ProShares Ultra Bitcoin ETF positions in Q3 2024 and 5 closed out, a net change of +3 holders.
- The largest ProShares Ultra Bitcoin ETF buyer in Q3 2024 was IMC Chicago, an estimated $1.93M added.
- The largest ProShares Ultra Bitcoin ETF seller in Q3 2024 was Susquehanna International Group, an estimated $501K sold.
Based on aggregated 13F filings for Q3 2024.