Bitcoin Bears Double Down: ProShares UltraShort ETF Sees Fresh Inflows as Token Slides
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ProShares UltraShort Bitcoin ETF, ticker SBIT, attracted $3,152,628 in new money on March 26, 2026, marking a notable bearish bet on the crypto benchmark. The leveraged inverse fund now oversees $203,579,680 in assets under management, with the latest inflow equal to about 1.55% of its AUM, a sizable daily swing for a niche strategy.
The related asset, BTC-USD, is currently trading at $66,098.99 after a bruising three-month stretch in which it has fallen roughly 24.61%. Short-term traders are leaning cautious too, with the 1-day technical signal flashing Sell, a backdrop that helps explain renewed interest in downside-focused products like SBIT.
The latest flow suggests some investors are either hedging spot Bitcoin exposure or positioning for further weakness after the recent drawdown. While leveraged inverse ETFs are designed for tactical, short-term use and can compound risks over time, the size of Tuesday’s inflow hints at growing conviction that volatility in Bitcoin is far from over. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.