ProShares UltraShort Bitcoin ETF
SBIT
12 hedge funds and large institutions have $12.5M invested in ProShares UltraShort Bitcoin ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.
72% more call options, than puts
Call options by funds: $6.17M | Put options by funds: $3.58M
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
8.11% less ownership
Funds ownership: 14.13% → 6.02% (-8.1%)
20% less funds holding
Funds holding: 15 → 12 (-3)
32% less capital invested
Capital invested by funds: $18.3M → $12.5M (-$5.8M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.49M |
| 2 |
RAM
Revere Asset Management
Dallas,
Texas
|
+$564K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$560K |
| 4 |
HF
HRT Financial
New York
|
+$296K |
| 5 |
SG
StoneX Group
New York
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
-$4.28M |
| 2 |
Jane Street
New York
|
-$3.25M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$2.38M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.45M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.2M |
SBIT Hedge Fund Activity: Q1 2026 in Review
12 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bitcoin ETF (SBIT) for Q1 2026, worth a combined $12.5M — down 32% from $18.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SBIT and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.49M. The largest seller was Client First Investment Management, exiting entirely with an estimated $4.28M sold.
- 12 institutional investors held ProShares UltraShort Bitcoin ETF (SBIT) as of Q1 2026, down from 15 in Q4 2025.
- Funds reported $12.5M of ProShares UltraShort Bitcoin ETF stock for Q1 2026, down 32% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Bitcoin ETF positions in Q1 2026 and 5 closed out, a net change of -2 holders.
- The largest ProShares UltraShort Bitcoin ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $3.49M added.
- The largest ProShares UltraShort Bitcoin ETF seller in Q1 2026 was Client First Investment Management, an estimated $4.28M sold.
Based on aggregated 13F filings for Q1 2026.