tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bitcoin Dip Buyers Return as ProShares’ BITO ETF Sees Over $27M in Fresh Inflows

Bitcoin Dip Buyers Return as ProShares’ BITO ETF Sees Over $27M in Fresh Inflows

Bitcoin Dip Buyers Return as ProShares’ BITO ETF Sees Over $27M in Fresh Inflows

Claim 50% Off TipRanks Premium

The ProShares Bitcoin Strategy ETF, BITO, attracted $27.48 million in new money on January 9, 2026, marking a notable vote of confidence in bitcoin-linked products despite recent crypto price weakness. With total assets under management now at approximately $2.45 billion, the latest inflow represents about 1.12% of the fund’s AUM—an unusually large single-day shift for an established ETF.

The renewed demand suggests investors are willing to look past bitcoin’s recent drawdown and use listed, regulated vehicles like BITO to rebuild exposure. Such a sizeable flow relative to AUM can signal either fresh speculative interest or a conviction that the worst of the pullback may be fading, particularly among institutions that prefer ETF wrappers over direct token custody.

The related asset, BTC-USD, is currently trading around $92,145.13. Over the past three months, bitcoin has shed roughly 19.81%, underscoring the volatility that has jarred crypto markets and shaken out weaker hands. Yet, near term momentum has improved: the 1-day technical signal on BTC-USD screens as Buy, hinting that short-term traders see scope for a rebound even as the broader trend remains fragile.

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

Disclaimer & DisclosureReport an Issue

1