Bitcoin ETF Buyers Return as ProShares’ BITO Pulls in $42M in a Single Day
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ProShares Bitcoin Strategy ETF BITO attracted a fresh wave of capital on January 16, 2026, with investors funneling $42.24 million of net inflows into the futures-based fund. The move lifted conviction in one of the market’s most closely watched bitcoin-linked ETFs, even as its underlying asset remains under pressure. With assets under management now standing at roughly $2.61 billion, the latest flow represents about 1.62% of ProShares’ total AUM in the product—an unusually chunky one-day vote of confidence for a mature crypto vehicle.
The related asset, BTC-USD, is currently trading around $92,938.01, extending a choppy stretch for the flagship cryptocurrency. Over the past three months, bitcoin has slipped about 13.09%, a reminder that the broader crypto market remains firmly in a corrective phase after its earlier run-up. Short-term momentum is also cautious, with the 1-day technical view flashing a bearish tone, currently rated as Sell.
The contrast between notable inflows into BITO and the negative near-term trend in bitcoin itself suggests investors may be positioning for a medium-term rebound, using the regulated ETF wrapper to build exposure while spot prices remain below recent highs. The size of the inflow relative to AUM hints at fresh institutional or systematic buying rather than just retail nibbling, potentially signaling renewed risk appetite in listed crypto products despite lingering volatility.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.