Bitcoin Bulls Blink as Leverage ETF BITU Sees Fresh Inflows Despite Price Slump
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ProShares Ultra Bitcoin ETF BITU attracted $1,876,630 in new capital on March 30, 2026, even as its underlying asset extended a three‑month slide. The leveraged fund now manages $367.27 million in assets, with the latest inflow representing roughly 0.51% of AUM, a meaningful vote of confidence for a product tied to a volatile crypto market.
The related asset, BTC-USD, is currently trading at $68,628.33, down about 25.75% over the past three months as speculative froth has drained from the bitcoin rally. Yet the short‑term tone remains cautious, with the one‑day technical picture flashing a broad Sell signal, underscoring the risk facing late‑cycle dip buyers.
BITU’s latest flows highlight how some traders are using the recent drawdown to add leveraged exposure, effectively betting that bitcoin’s weakness is closer to consolidation than capitulation. However, with technicals still skewed bearish and volatility elevated, investors may need to brace for sharper swings before any sustained recovery takes hold in the ETF or its underlying coin.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.