Short Sellers Add Fuel to the Fire as ProShares’ Bitcoin Bear ETF Sees Fresh Inflows
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The ProShares UltraShort Bitcoin ETF, SBIT, attracted $3,152,628 in fresh capital on March 26, 2026, marking a notable vote of confidence in leveraged bearish exposure to Bitcoin. With assets under management now at $190,835,929, the latest intake represents about 1.65% of the fund’s AUM, a meaningful single-day shift for a niche inverse product.
The related asset, BTC-USD, is currently trading at $66,242.25 after a rough quarter that has seen the world’s largest cryptocurrency slide roughly 26.54% over the past three months. Short-term momentum remains fragile, with a one-day technical signal flashing Sell, underscoring why some traders are turning to leveraged bearish ETFs to express downside views or hedge existing holdings.
The scale of Tuesday’s inflow suggests investors are either doubling down on the prevailing downtrend or seeking insurance against further volatility in a market still digesting macro and regulatory crosscurrents. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.