Bitcoin Bulls Tap the Brakes as ProShares’ Leveraged ETF Sees Fresh Outflows
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ProShares Ultra Bitcoin ETF, ticker BITU, recorded outflows of $4.31 million on May 12, 2026, a modest pullback equal to about 0.77% of its $557.47 million in assets under management. The move suggests some traders are taking profits or trimming leveraged exposure after Bitcoin’s powerful spring rally.
The related asset, BTC-USD, is currently trading at $80,441.04, up roughly 18.40% over the past three months as institutional and retail demand remain resilient. Despite the ETF outflows, the coin’s 1-day technical outlook is still flashing a Strong Buy, highlighting the gap between short-term positioning in leveraged products and the broader bullish trend in spot prices.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.