ProShares Ultra Bitcoin ETF
BITU
32 hedge funds and large institutions have $3.81M invested in ProShares Ultra Bitcoin ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 9 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
28% more funds holding
Funds holding: 25 → 32 (+7)
14% more call options, than puts
Call options by funds: $3.51M | Put options by funds: $3.07M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.58% less ownership
Funds ownership: 2.58% → 1% (-1.6%)
74% less capital invested
Capital invested by funds: $14.5M → $3.81M (-$10.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIA
Wealthedge Investment Advisors
New York
|
+$449K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$431K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$335K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$313K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$5.78M |
| 2 |
Renaissance Technologies
New York
|
-$3.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$730K |
| 4 |
AWM
Austin Wealth Management
Austin,
Texas
|
-$405K |
| 5 |
SCP
Silverleafe Capital Partners
Germantown,
Tennessee
|
-$329K |
BITU Hedge Fund Activity: Q1 2026 in Review
32 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bitcoin ETF (BITU) for Q1 2026, worth a combined $3.81M — down 74% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BITU positions and 9 closed out — a net gain of 7 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Wealthedge Investment Advisors, opening a new position worth an estimated $449K. The largest seller was DRW Securities, exiting entirely with an estimated $5.78M sold.
- 32 institutional investors held ProShares Ultra Bitcoin ETF (BITU) as of Q1 2026, up from 25 in Q4 2025.
- Funds reported $3.81M of ProShares Ultra Bitcoin ETF stock for Q1 2026, down 74% quarter-over-quarter.
- 16 funds opened new ProShares Ultra Bitcoin ETF positions in Q1 2026 and 9 closed out, a net change of +7 holders.
- The largest ProShares Ultra Bitcoin ETF buyer in Q1 2026 was Wealthedge Investment Advisors, an estimated $449K added.
- The largest ProShares Ultra Bitcoin ETF seller in Q1 2026 was DRW Securities, an estimated $5.78M sold.
Based on aggregated 13F filings for Q1 2026.