ProShares UltraShort Bitcoin ETF
SBIT
7 hedge funds and large institutions have $2.18M invested in ProShares UltraShort Bitcoin ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
696% more call options, than puts
Call options by funds: $836K | Put options by funds: $105K
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4.84% less ownership
Funds ownership: 6.2% → 1.36% (-4.8%)
68% less capital invested
Capital invested by funds: $6.73M → $2.18M (-$4.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$281K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$94.2K |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$33.5K |
| 4 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$10.8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$2.31M |
| 2 |
Jane Street
New York
|
-$754K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$723K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JF
1
Jump Financial
Chicago,
Illinois
| $906K | +$33.5K | +173 | +3% |
|
|
2
Jane Street
New York
| $638K | -$754K | -3,895 | -49% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $334K | +$94.2K | +487 | +30% |
|
|
HF
4
HRT Financial
New York
| $231K | +$281K | +1,451 | New |
|
5
UBS Group
Zurich,
Switzerland
| $63.5K | – | – | – |
|
|
HT
6
Headlands Technologies
Chicago,
Illinois
| $8.93K | +$10.8K | +56 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $1.91K | +$2.32K | +12 | New |
|
|
8
IMC Chicago
Chicago,
Illinois
| – | -$2.31M | -9,982 | Closed |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$723K | -3,737 | Closed |
|
SBIT Hedge Fund Activity: Q3 2024 in Review
7 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bitcoin ETF (SBIT) for Q3 2024, worth a combined $2.18M — down 68% from $6.73M a quarter earlier.
Fund positioning in SBIT was balanced in Q3 2024: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $281K. The largest seller was IMC Chicago, exiting entirely with an estimated $2.31M sold.
- 7 institutional investors held ProShares UltraShort Bitcoin ETF (SBIT) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $2.18M of ProShares UltraShort Bitcoin ETF stock for Q3 2024, down 68% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Bitcoin ETF positions in Q3 2024 and 3 closed out, a net change of 0 holders.
- The largest ProShares UltraShort Bitcoin ETF buyer in Q3 2024 was HRT Financial, an estimated $281K added.
- The largest ProShares UltraShort Bitcoin ETF seller in Q3 2024 was IMC Chicago, an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2024.