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Bearish Bets Creep Back: Inverse Bitcoin ETF BITI Sees Fresh Inflows as BTC Slumps

Bearish Bets Creep Back: Inverse Bitcoin ETF BITI Sees Fresh Inflows as BTC Slumps

ProShares Short Bitcoin Strategy ETF, the inverse crypto vehicle known as BITI, registered fresh inflows of $905,412 on April 24, 2026, as traders renewed their bearish bets on Bitcoin. The move nudged the fund’s assets under management to about $179.9 million, with the latest flow representing roughly 0.50% of AUM and hinting at a measured but notable shift in positioning.

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The related asset, BTC-USD, is currently trading at $77,975.44 after sliding 12.62% over the past three months. Despite that medium-term drawdown, the coin’s 1-day technical signal stands at Buy, underscoring the tug-of-war between short-term momentum traders and those seeking hedges via BITI’s short exposure.

The fresh inflows into BITI suggest some investors see room for further downside or at least heightened volatility in Bitcoin, even as near-term signals flash constructive. This push and pull between ETF flows and spot price indicators is increasingly shaping crypto market microstructure, as retail and institutional players alike use inverse products as tactical tools rather than long-term convictions.

With Bitcoin hovering well below recent peaks, BITI’s growth highlights ongoing demand for protection and speculation amid uncertain macro and regulatory backdrops. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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