Bearish Bets Swell as ProShares Short Bitcoin Fund Attracts New Inflows
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The ProShares Short Bitcoin Strategy ETF, BITI, drew fresh investor interest on January 16, 2026, recording $1,698,920 in net inflows. The move lifted the fund’s assets under management to $99,766,529, with the latest flow representing roughly 1.7% of its total AUM—an unusually large single-day shift that underscores renewed demand for downside exposure to Bitcoin.
BITI, which is designed to deliver the inverse of Bitcoin’s daily performance via futures, often sees activity spike when sentiment around the world’s largest cryptocurrency turns cautious. The latest inflow suggests some investors are looking to hedge or profit from continued weakness in Bitcoin prices after a volatile quarter.
The related asset, BTC-USD, is currently trading around $89,045.31, down about 17.4% over the past three months. Technically, the market backdrop remains fragile: the 1-day signal on Bitcoin is flashing a Strong Sell, reflecting pressure from momentum indicators and persistent selling on short-term charts.
The combination of a sharp three-month pullback in Bitcoin and growing inflows into a short Bitcoin ETF hints that a portion of the market is positioning for further downside—or at least bracing for extended turbulence—rather than a swift rebound. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.