Bitcoin Bears Reload: Inverse ProShares ETF Sees Fresh Inflows as Traders Bet Against the Rally

Bitcoin Bears Reload: Inverse ProShares ETF Sees Fresh Inflows as Traders Bet Against the Rally

The ProShares UltraShort Bitcoin ETF, SBIT, drew a sizable $8.2 million in new capital on January 14, 2026, marking a notable contrarian move in the crypto market. The daily inflow represents roughly 7.0% of the fund’s latest assets under management, which stand at about $116.8 million, underscoring renewed conviction among investors seeking leveraged downside exposure to Bitcoin.

Such a large single-day flow, relative to overall AUM, suggests that a segment of sophisticated traders is positioning for further turbulence or downside in Bitcoin prices, using SBIT’s leveraged inverse structure as a tactical hedge rather than a long-term holding. The inflows arrive at a time when volatility remains elevated across digital assets and macro uncertainty continues to weigh on risk sentiment.

The related asset, BTC-USD, is currently trading around $95,571.98. Over the past three months, Bitcoin has slipped roughly 11.9%, reflecting a meaningful pullback from recent highs and a partial unwinding of the prior bull run. Despite that medium-term decline, near-term momentum appears more constructive: the 1-day technical outlook is flashing a Buy signal, hinting at the possibility of a short-term rebound or at least a pause in the downtrend.

The juxtaposition of a bullish short-term signal in Bitcoin with strong inflows into a leveraged short ETF highlights a divided market. Some traders appear to be fading any near-term strength by building defensive positions in SBIT, either as outright bearish bets or as insurance against renewed selling pressure. Others may see the recent price weakness and the positive technical read as an opportunity to accumulate Bitcoin directly.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.