Bearish Bitcoin Bets Surge as ProShares’ BITI ETF Sees Fresh Inflows
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ProShares Short Bitcoin Strategy ETF, BITI, recorded fresh inflows of $5.10 million on March 16, 2026, a notable move for a fund designed to profit from Bitcoin declines. With assets under management at $140.63 million, the new capital represents roughly 3.6% of AUM, signaling renewed conviction among traders positioning for further downside.
The related asset, BTC-USD, is currently trading at $70,575.12 after a 3‑month slide of about 19.8%, underscoring the volatility underpinning BITI’s appeal. Near‑term momentum remains fragile, with the 1‑day technical signal flashing Sell, a backdrop that may continue to attract hedgers and short‑biased speculators to the inverse ETF.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.